The Government’s decision to end the Non-Habitual Residents tax regime next year may pave the way for a new tax incentive aimed at scientific researchers and innovators. The new tax incentive [...]
The government has increased the vehicle licence tax on 900cc petrol vehicles produced before July 2007 by 400% according to calculations by the consultancy Deloitte. According to Deloitte, [...]
Taxes on companies in Portugal, which can reach 31.5%, are the second highest out of the 38 countries that comprise the OECD. (Organisation for Economic and Cooperation and Development) This is [...]
Startups in Portugal will only have to pay 12.5% in their first year of activity in 2024 on the first €50,000 earned under the State Budget for 2024 which was handed to parliament earlier this [...]
Portugal, one of the few countries in the EU to enjoy a modest budget surplus of 0.8% of GDP, has created a new fund for structural investments. The fund is intended to replace the Recovery and [...]
Portugal’s Finance Minister Fernando Medina handed the State Budget for 2024 to the Portuguese parliament yesterday with a raft of give-aways that are prudent but aim to help low income and [...]
Property prices in Portugal, driven by demand, are set to continue to soar according to the ‘Portugal’s Property Hotspots Report 2023-2025’ from the Property Market Index. The reason? Demand and [...]
A partner from a leading international tax consultancy has called Portugal’s tax policy little more than an earnings “grab” and has heaped scorn on the government’s decision to end the NHR tax [...]
Miguel Farinha, the current Strategy and Transactions Leader of EY Portugal has been appointed as the new CEO of EY Portugal. He replaces João Alves at the tax and accounting consultancy. He has [...]
After axing Portugal’s most successful and competitive Golden Visa regime, which has attracted €7Bn of investment to the country since 2012, its government now seems hell bent on applying the [...]
