Raising Portugal's minimum wage
The Portuguese government recently announced an increase in the national minimum wage (SMN) to 870 euros gross per month over 14 months.
News in Portugal
Portugal is the end of RNH
The "non-resident tax regime", which gives pensioners and foreign workers a cap on their income tax, will end in 2024, said Mr. Costa, for whom "it no longer makes sense.
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).
IRC reduction in Portugal's 2025 state budget
Find out how the Portuguese tax system impacts businesses, with details of taxation, economic incentives and tax obligations in Portugal.
The advantages of setting up a business in the UK
The UK has long been recognized for its economic dynamism, political stability and attractiveness to international investors.
UK e-commerce tax rules
If you want to run an e-commerce business in the UK, it's crucial to understand the applicable tax rules.
Automatic tax benefits
On September 20, 2024, the Portuguese Tax and Customs Authority unveiled its business plan for 2024, highlighting one key objective
International double taxation in Portugal
tax issues linked to international double taxation are becoming increasingly important for investors and companies operating on a global scale.
IFICI+(RNH), back in Portugal
In 2023, António Costa (PS) decided to put an end to the Tax Regime for Non-Habitual Residents (RNH), arguing that this advantage no longer served any purpose.
The decline of luxury real estate in Portugal
Portugal's luxury real estate market has been in steep decline since the end of the Golden Visa program
Portugal and growth: the economic situation in Southern Europe
In the European economic landscape, Portugal is emerging as a key player, attracting attention with its recent advances in growth. A recent study conducted by the consultancy Capital Economics for the Financial Times revealed a fascinating fact
CNPD suspends Worldcoin's collection of biometric data in Portugal
Portugal's National Data Protection Commission (CNPD) has taken a significant decision regarding the collection of biometric data by the [Worldcoin] Foundation.
Euribor falls to three, six and 12 months
Euribor, a crucial indicator in the European financial landscape, has seen some notable variations recently. This development is particularly interesting in light of the decisions taken by the Banco Central Europeu (ECB).
ECB Holds Rates
Marcelo Rebelo de Sousa , President of the Portuguese Republic, believes that the European Central Bank's (ECB) decision to maintain interest rates is not good news.
RNH: Transition period, how does it work?
The French Finance Act for 2024 set the end of the special Non-Habitual Resident (RNH) regime on January 1, 2024.
Extraordinary contribution on local accommodation
Law no. 56/2023 of October 6 instituted the Extraordinary Contribution on Local Accommodation, regulated by decree no. 455-E/2023 of December 29, as part of the "Mais-Habitação" program.
RCBE: New rules and obligations in Portugal
A recent publication of Ordinance n.º 233/2018, dated August 21, 2018, has clarified and specified the provisions of the Legal Regime of the Central Register of Beneficial Owners (RCBE).
Antonio Costa, resigns
Portuguese Prime Minister António Costa has announced his resignation after being implicated in an investigation into corruption and illegal interest-taking. The announcement comes hours after his chief of staff and one of his ministers were charged and taken into custody, and a search was carried out at his official residence. António Costa.
OE2024 tax proposals
Every year, the government presents its Finance Bill for the coming year to the House of Representatives. In Portugal, the debate and vote take place around October 30 and 31.
Teleworking in Portugal
In 2022, changes were made to labor legislation as part of the "Agenda du Travail", which came into force on May 1, 2022, bringing new features for teleworking.
Portuguese real estate market holds up
This Swedish real estate crisis is causing concern among analysts, who recall the 90s crisis in that country, which led to problems for the financial system. What about the Portuguese real estate market?
The ITM exemption scheme for the acquisition of real estate for resale
The 2023 State Finance Act (OE 2023) has modified the assumptions for granting the ITM exemption on the acquisition of goods for resale.
Chega becomes Portugal's third political force
The Chega party is now considered the country's third political force, with 13.2 % of voting intentions in the latest polls.
Criteria for determining tax residence
The criteria for determining tax residency are of crucial importance in the field of international taxation.
Mais Habitação Program: Lease and Local Housing
The Portuguese government has published a proposal for measures to modify the legal regimes for local housing and property rental
Tourist rentals, Portugal proposes a new tax
The Portuguese government has proposed a new extraordinary contribution on tourist rental properties (AL) as part of its housing program.
Real estate acquisitions with cryptocurrencies in Portugal
The Order of Notaries in Portugal has announced that it will publish an internal regulation aimed at overseeing real estate acquisitions made using crypto-currencies, in cases where their conversion into legal tender does not take place.
More Housing Program: Proposals for local rentals and housing
Bill no. PL 64/XXIII/2023, of March 3, 2023, also known as the "More Housing" bill, established a set of measures impacting, among other things, current rental lease and local housing regimes.
Euribor explodes, the consequences on loans in Portugal are tragic
The monthly payments of the real estate loans in Portugal will jump again not to say exploded on the contracts which will be revised next month, with increases ranging between 65 euros and 300 euros.
It's official. Government puts an end to Golden Visa
This measure, which puts an end to the granting of new "Golden Visas", is part of the pillar of the fight against money laundering.
New IRS taxation of income from cryptocurrencies
With the state budget for 2023, the government intends to move forward with a framework for taxing income from cryptoassets,
Registration of companies operating with virtual assets
On January 24, 2023, the Bank of Portugal published a notice regulating virtual assets in the context of money laundering and terrorist financing.
State Budget 2023: Tax Amendments
Through this account, we cover all categories, be it cryptocurrency, household income, social security, corporate, IVA, real estate, etc.
New cryptocurrency taxation in the 2023 state budget
The amendments included in the State Budget Bill 2023 aim to close the legal gap in the scope of taxation of cryptocurrencies in Portugal, promoting a new tax framework, particularly in terms of the IRS.
Why Portugal
For more than 10 years, Portugal has been adopting a series of tax measures to strengthen its competitiveness and encourage foreign investment. To this end, in recent years Portugal has adopted a reform of personal income tax
50% of Portuguese live below the poverty line
The first year of the pandemic affected all European countries, but had a more negative impact on Portugal and its people.
Portuguese government presents its anti-inflation plant
the Portuguese government, through the intermediary of the Prime Minister, Antonio Costa, presented the main measures to deal with rising prices
Taxation of digital token income in Portugal
As you know, Portugal does not currently have a specific tax regime for income from investments in digital tokens (cryptocurrencies, NFTs, etc.).
Tax benefits of the Madeira free zone
The European Commission's decision on the aid scheme granted to companies in Madeira's free zone - scheme III, which considers that the aid was granted illegally
Validity of foreign driving licenses on Portuguese territory
The recent Decree-Law no. 46/2022 has modified and simplified the right to drive motor vehicles for holders of driving licenses issued by the Member States of the European Community.
Taxation on cryptocurrency coming soon in Portugal
Last week the Portuguese Minister of Finance, Mr. Medina, announced during the debate linked to the draft state budget for 2022 (OE2022), that he promised to make changes to the taxation of cryptocurrency
Will mortgage interest rates rise in Portugal?
Interest rates have been negative in recent years, enabling consumers in Portugal to access credit at lower cost.
Supreme Court rules on local accommodation in Portugal
After two different rulings by the Lisbon and Porto Courts of Appeal, the Supreme Court of Justice has decided to unify the case law and the impossibility of local accommodation coexisting, in the same buildings, with permanent housing.
The government puts an end to Autovoucher and replaces it with a reduction in ISP
The Autovoucher, a 20-euro subsidy paid by the government to families to offset rising fuel prices, ends at the end of the month and will be replaced by a more aggressive tax reduction measure.
How does the trial period of an employment contract work in Portugal?
According to article 111 of the Portuguese Labor Code, the trial period corresponds to the initial period of performance of the employment contract, during which the parties assess whether it is worth continuing.
Portugal, launches ATGO an application for the self-employed
The French tax authorities have announced the launch of a new application for self-employed people who have opted for simplified accounting. It is called "ATGO".
The Autovoucher is now 20 euros. How does it work?
Since Monday, the monthly subsidy of five euros issued by the Autovoucher entity has risen to 20 euros to compensate for the sharp rise in fuel prices.
European Commission revises Portuguese GDP upwards to 5.5 % in 2022
In the forecast update, the European Commission has revised up Portugal's growth to 5.5 % in 2022, up from the previously estimated 5.3 %. Eurozone GDP has been revised downward.
Portuguese social security: how benefits work
In this article, you'll find out how much the social insertion income is, what the rules are for paying sickness, maternity and paternity benefits, and above all how these benefits are calculated.
How to terminate an employment contract in Portugal
The law is less demanding when the employment contract is terminated by the employee in Portugal, but obliges him/her to respect certain points.
January 30 election, will Portugal make the ghosts vote?
For years, the "dead" were to blame. Now, they say, it seems to be the emigrants' fault. The phenomenon of ghost voters, who number over a million this year, distorts abstention figures and can even "skew" the number of MPs per constituency.