What Portugal’s government is giving in tax cuts for companies and families in one hand, it is taking in indirect taxes with the other as tax revenues from VAT and other taxes will hit a maximum [...]
Portugal’s Finances minister Joaquim Miranda Sarmento pledged a 3.6% increase for employees when he unveiled the government’s outline State Budget for 2026 on Thursday. And the minister pledged a [...]
IRS brackets and respective tax hikes must be updated in 2026 by at least 3.51%, according to a formula that combines productivity and inflation, published in an ordinance this Friday in the [...]
As the government supported by populist party Chega is preparing to restrict immigration, a study has shown that reducing immigration to ‘zero’ would mean putting up taxes by 7.9% in Portugal to [...]
The President of Portugal’s Association of Real Estate Developers and Investors (APPII) has warned that the government ’s decision to put up property transfer taxes for non-residents could send [...]
Despite warnings that Portugal risks returning to running an annual budget deficit, its Minister of Finances, Joaquim Miranda Sarmento, has two options to ensure that the government makes a [...]
The Business Roundtable Portugal association (BRP), which brings together 142 business leaders, has sent an open letter to the government calling for the scrapping of the first five IRS tax [...]
Portugal’s government has approved reducing VAT on construction to 6% and the creation of Build to Rent contracts with tax benefits. However, the government will put up property transfer tax or [...]
Sovos, a multinational advisory specialised in tex compliance, e-invoicing and tax reporting, has chosen Lisbon as its main European hub. The company’s Managing Director Europe, Rui Fontoura says [...]
IRC tax on small and medium companies and companies of average capitalisation, which is currently being discussed in parliament, should fall to 15% on the first €100,000 of taxable revenues and [...]
