Donation of 0.5% of your tax bill to charitable associations.
The Portuguese Tax Law allows for a charitable donation of 0.5% of your yearly tax bill, to benefit Portuguese charitable associations. There are over 5000 eligible associations as per the tax office (Finanças) list for ...
Raoul Ruiz Martinez leaves Eurofinesco
Eurofinesco is sad to announce that Raoul Ruiz Martinez is no longer part of our company. After over a decade working for Eurofinesco and a valued member of our team, Raoul has decided to focus ...
NHR – The End of the Non Habitual Residency Program
The end is near for the 10 year tax benefit offered by the NHR status, first launched in 2009. This program alone is responsible for thousands of foreign nationals relocating to Portugal since its implementation. ...
EuroFinesco announces the retirement of Ursula Hahn and closing of Funchal office
Ursula has been our representative in Madeira for 15 years. She has decided to retire and enjoy the wonderful Madeiran life. We are saddened; however, greatly appreciative of her years of dedication and wish her ...
Tax Season coming up – IRS 2023 – Procedures -no. 4: Your IRS Declaration
The tax year corresponds to the calendar year (01 Jan - 31 Dec). Fiscal Residents must submit tax returns by the following deadlines to avoid penalties. For the current fiscal year, declare between 01 April ...
Tax Season coming up – IRS 2023 – Procedures -no. 3: Non-Habitual Residents
The tax regime for non-habitual residents is intended to attract to Portugal certain qualified individuals and investments which may give rise to tax saving opportunities for expatriates. The Non-Habitual Residence special tax regime has the ...
Tax Season coming up – IRS 2023 – Procedures -no. 2: Non-Residents
Non-Residents are taxable on income and gains arising in Portugal. When the paying entities are resident or assets located within or services performed in Portugal, then the following examples of income would need to be ...
Tax season coming up – IRS 2023 – Procedures – nº 1: Residents
Tax season is running from 1 April to 30 June. If you spent more than 183 days in Portugal in 2021, you have to deliver a tax declaration to the State. Here is what to ...