The Portuguese Government is to create two new income tax brackets. It is doing this so it can begin to reduce the tax burden that is currently falling on the Portuguese middle class. The [...]
Portugal’s Minister of Finance João Leão has pledged that despite a review of tax brackets, no Portuguese will see a rise in taxes. After delivering the proposed State Budget 2022 to the [...]
The Portuguese Government is looking to officially scrap tax deduction at source for all companies in the State Budget for 2022. Although it has not been mandatory to pay the up front tax [...]
Portugal’s real estate sector is optimistic as to the current growth trend but fears that changes in taxes could slow the sector’s recovery and scare away overseas investors. After the last [...]
Just three Portuguese politicians are among the hundreds of international names cited in the Pandora Papers – the largest ever investigation into offshore tax havens. The investigation has [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
