Newsletter September

Amendments imposed by Decree-Law No. 28/2019 regarding the rules and procedures of Invoicing. On June 23, 2020, Decree-Law No. 28/2019 was promulgated imposing new rules and, consequently, on procedures related to Invocing. Within these new rules and procedures imposed, we highlight: The revocation of the communication to the Tax Authority of billing systems and establishments.…

Advantages: Tax regime for non-habitual residents

The Portuguese government has been investing in tax measures aimed at increasing the country’s competitiveness and attracting more foreign investment to Portugal. The regime of Non-habitual Residents’ creation is one of these measures.   Regime target: – Qualified professionals, – Individuals with assets, – Pensioners.   The Regime has the approval of the following entities:…

Newsletter June 2020

Government refuses to reduce withholding tax on IRS. VAT of the light is to be lowered, but there is no date António Mendonça Mendes said today in Parliament that the IRS withholding tables have been adjusted in recent years and refused to proceed now with changes that would allow taxpayers to advance smaller amounts to…