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News in Portugal

state budget 2022

Portugal's 2022 state budget rejected by opposition

It is a real blow that the government is going through at the moment. Indeed yesterday the state budget 2022 was rejected by the opposition and therefore not voted. The consequences of its heavy and forces the President of the Republic to dissolve the government. 

IRS reform

OE2022, IRS reform for youth

The State Budget proposal for 2022 introduces several reforms to the IRS for Young People (IRS Jovem), providing that it will be granted automatically, that it will cover income from self-employment and that it will be applied for five years instead of the three years initially planned when the measure was launched.

small businesses

Growth in Portugal up 5% in 2021

The Minister of State, Economy and Digital Transition has indicated that Portugal could see economic growth of 5% by the end of the year, following strong third-quarter results.

public services in Portugal

End of appointments in public services in Portugal

It's about time. For more than a year now, we've had to make an appointment in advance to access the various public services in Portugal, which meant that some procedures took longer than others. Under the covid-19 decontamination plan approved by the Council of Ministers, access to the various state services will now be without appointment.

imt, real estate, portugal

Portugal's interior is depopulating

The figures leave no room for doubt, even after a second reading. It is a sad truth, Portugal is cut in two, on one side in the overpopulated coastal cities and on the other side the interior of the country which is depopulating.

Portugal has no money

VAT, electricity, tolls in Portugal

The beginning of July brings several new developments, with the entry into force of measures already announced. These include electricity, which will be more expensive for some households, changes to VAT on e-commerce and the ban on single-use plastics.

cryptocurrency in Portugal

Cryptocurrency in Portugal

More and more of you are interested in the taxation of cryptocurrency in Portugal. Portugal, which has been experiencing a boom in tourism for years, but also of foreign people coming to settle there fiscally to benefit from the status of non-habitual resident (RNH).

Portugal has no money

Portugal has no money to pay business aid

At the time of the government's announcement of the containment measures, the Minister of the Economy announced that various measures were being put in place to support companies that would have to close as a result of the containment, except that the state coffers are empty.

portugal in 2021

What changes in Portugal in 2021

The State Budget for 2021 (OE2021) introduces 18 changes from January 1, 2021, ranging from minimum wage increases and pension cuts to the creation of new social assistance and a reduction in VAT on electricity. Let's take a look at what's changing in Portugal in 2021.

minimum wage increase

Portugal ready to finance a minimum wage increase

The government is considering the possibility of covering part of the increase in the minimum wage through the state budget. This measure, which involves covering part of the single social tax (ISU), corresponding to the increase in charges linked to the 30 euro increase in the national minimum wage, will be financed by the state budget.

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