Economy

Managing partners in Portugal benefit from a new aid

&amp;NewLine;<p>Just like the <a href&equals;"https&colon;&sol;&sol;vivreauportugalconsulting&period;com&sol;aide-sociale-pour-les-independants-au-portugal&sol;">self-employed workers<&sol;a>The government is expected to vote on a new pandemic aid package on Thursday, allowing managing partners to breathe a sigh of relief; <&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<h2 class&equals;"wp-block-heading">Managing partners in Portugal are not forgotten<&sol;h2>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>In the support program launched by the government at the start of the pandemic&amp;comma; there was no provision for support for managing partners in the companies hardest hit by the crisis&amp;period; the government was quick to respond to the widespread criticism from the various trades&amp;comma; the executive ended up extending the aid already offered to self-employed workers to managing partners with no employees and annual sales of up to 60,000 euros&amp;period;<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>However, this measure was deemed insufficient by the President of the Order of Chartered Accountants, who pointed out that a large proportion of managing partners in Portugal remained without any kind of protection&amp;period; This Thursday&amp;comma; the government is taking a further step and is due to approve a new extension to its current aid&amp;period; <&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>This update, if we can call it that, will include managers of micro-businesses with a maximum of 10 employees and annual invoicing of up to 80,000 euros. According to the French Minister of Labor, 190,000 people could benefit from this extension of current aid;<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>Currently, the assistance provided to managing partners at the <a href&equals;"https&colon;&sol;&sol;agencelusofrancaiseimmobilier&period;com" target&equals;"&lowbar;blank" aria-label&equals;"portugal &lpar;opens in a new tab&rpar;" rel&equals;"noreferrer noopener" class&equals;"rank-math-link">Portugal<&sol;a> has a maximum value of 635 euros&amp;comma; based on the calculation of remuneration received in February and declared in March&amp;comma; or in the absence of such remuneration&amp;comma; on the value of the social support index &amp;lpar;438&amp;comma; 81 euros&amp;rpar;&amp;period; <&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>In other words&amp;comma; if the reference remuneration is less than the value of 1&amp;comma;5 times the social support index&amp;comma; support is equal to the amount of this remuneration with a maximum limit of 438&amp;comma;81 euros &amp;period; If the February remuneration exceeds these 658&amp;comma;2 euros&amp;comma; support is now equal to two-thirds of this remuneration&amp;comma; with a maximum limit of 635 euros&amp;period;<&sol;p>&amp;NewLine;

Share

Recent articles

2025: Price rises in Portugal

The year 2025 begins with increases in several key sectors in Portugal, marking... Read more

since 6 months

Raising Portugal's minimum wage

The Portuguese government recently announced an increase in the national minimum wage (SMN) to 870... Read more

since 6 months

IRC reduction in Portugal's 2025 state budget

Find out how the Portuguese tax system affects companies, with details on taxation,... Read more

since 8 months

The advantages of setting up a business in the UK

The United Kingdom has long been recognized for its economic dynamism, political stability and... Read more

since 9 months

UK e-commerce tax rules

If you want to run an e-commerce business in the UK, it's crucial to know how to... Read more

since 9 months

Automatic tax benefits

On September 20, 2024, the Portuguese Tax and Customs Authority unveiled its business plan for... Read more

since 9 months

Our site uses cookies.

Read more