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        Tax

         Property owners hit by AIMI
        0
        By Christopher Graeme
        In News, Property, Tax
        Posted 10 Setembro, 2021

        Property owners hit by AIMI

        Almost 80,500 tax payers were called upon to pay an additional surcharge on Portugal’s IMI property tax – known as the AIMI. Some 321 were sent out demands because the value of property or [...]

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         Government could increase tax brackets
        0
        By Christopher Graeme
        In News, Tax
        Posted 8 Setembro, 2021

        Government could increase tax brackets

        The Portuguese Government is looking at increasing the number of tax scales by splitting tax brackets. If it does so, Portugal will have a record number of tax brackets. In turn, it would also [...]

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         Portugal’s ex-prime minister and 293 others accused of squirrelling away fortunes worth millions
        0
        By Christopher Graeme
        In Justice, News, Tax
        Posted 30 Agosto, 2021

        Portugal’s ex-prime minister and 293 others accused of squirrelling away fortunes worth millions

        A total of 294 tax payers including former Socialist prime minister José Sócrates stand accused of hiding fortunes from the Portuguese tax authorities in Switzerland. Both individuals and [...]

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         Tax benefits for overseas citizens to €900 million
        0
        By Christopher Graeme
        In Money, News, NHR Regime, Tax
        Posted 7 Julho, 2021

        Tax benefits for overseas citizens to €900 million

        Tax benefits under Portugal’s NHR scheme for foreigners moving to and living and working in Portugal have skyrocketed by 44% to their highest level since the regime was created in 2009. The [...]

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         Portugal writes off €1Bn in taxes
        0
        By Christopher Graeme
        In News, Tax
        Posted 2 Julho, 2021

        Portugal writes off €1Bn in taxes

        Portugal’s tax authorities have written off more than €1Bn in taxes pertaining to 2020. The debts, which are those seen as “unrecoverable”, will only add to the total amount of outstanding taxes [...]

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         Minimum 15% IRC could rake in €100M
        0
        By Christopher Graeme
        In News, Tax
        Posted 7 Junho, 2021

        Minimum 15% IRC could rake in €100M

        Portugal stands to gain €100 million from last week’s decision by the G7 to crackdown on tax evasion by large multinational corporations. If it really does go ahead, the measure will begin one of [...]

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         Swedish pensioners lose NHR benefits
        0
        By Christopher Graeme
        In News, NHR Regime, Retirement, Tax
        Posted 4 Junho, 2021

        Swedish pensioners lose NHR benefits

        Swedish pensioners who are thinking of retiring to Portugal may have to think again after the Swedish government tore up an agreement allowing its retired citizens in Portugal to enjoy tax [...]

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         OECD:  Portugal takes 27.4% in tax
        0
        By Christopher Graeme
        In News, Tax
        Posted 30 Abril, 2021

        OECD: Portugal takes 27.4% in tax

        According to the OECD, Portugal continues to be among the countries that charges most income tax and social security contributions in advanced economies worldwide. In 2020, a Portuguese employee [...]

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         Portugal ends VAT exemption for non-EU online purchases
        0
        By Christopher Graeme
        In Brexit, Money, News, Tax
        Posted 28 Abril, 2021

        Portugal ends VAT exemption for non-EU online purchases

        Buying goods such as books, music and other items is about to get more expensive for British, US and other non-EU citizens living and working in Portugal. New rules governing online commerce and [...]

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         Portuguese UK residents and UK Portugal property owners in tax representative countdown
        0
        By Christopher Graeme
        In News, Property, Tax
        Posted 5 Abril, 2021

        Portuguese UK residents and UK Portugal property owners in tax representative countdown

        Tens of thousands of Portuguese residents in the United Kingdom, including kids, and British citizens with second homes in Portugal will have to appoint a tax representative over the next 90 days [...]

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