According to a new study from the Fiscal Observatório (Tax Observatory) by Deloitte, the amount that the Portuguese are putting in offshores is double that of deposits made from Spain and Germany [...]
The Portuguese are demanding more invoices with tax numbers with 1.290 billion issued since January. This is according to data available on the government portal e-Fatura (e-Invoice) that states [...]
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 [...]
