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L39 – Freelancers in Portugal
16 Monday Jan 2017
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Monthly Archives: January 2017
Rules of Succession in Portugal
16 Monday Jan 2017
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Here is the link:
€603: the value per m² remains unchanged in 2017
16 Monday Jan 2017
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2017, construction, IMI, value, vpt
The reference value for determining the construction value of a building for the purposes of “IMI” (Municipal Property Tax) remains unchanged at €603 in 2017. Since 2010, the base value of the buildings has not changed.
Sole traders with 1st and 2nd year tax incentive
16 Monday Jan 2017
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activity, first, reduction, sole trader, taxable income, two years
Freelancers, who opt for the Simplified Regime in their first two years of registered business activity, benefit from a reduction of 50% and 25% respectively of the coefficients for the determination of taxable income, provided that they do not derive any income from Salaries (Category A) or Pensions (Category H).
Portugal ranked in the top 10 retirement destinations
16 Monday Jan 2017
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culture, food, international, living magazine, portugal, retirement, survey, top ten
Portugal climbed one position to 9th place in the international ranking for 2017, developed by International Living Magazine. The survey highlights the low cost of living and real estate, as well as the quality of food and cultural life. Mexico came in first in the Annual Global Retirement Index aimed at US expatriates.
Cascais to charge Tourist Tax in 2017
16 Monday Jan 2017
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The Municipality of Cascais will begin charging a tourist tax as of February 1st. All overnight stays in hotels, hostels and local lodging establishments will be subject to the charge of one euro per night, up to a maximum of five euros per stay.
Lisbon Tourist Tax yields €11 million in 10 months
16 Monday Jan 2017
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Lisbon, the city that pioneered the levy in Portugal, charges 1 euro on each night in the capital. The assessment brought more than 11 million euros to Lisbon in just 10 months. Vila Real de Santo António and Cascais are set to follow the example in 2017. Porto also contemplates launching a Tourist Tax but only as of 2018. Aveiro attempted to implement the measure in 2013, but a year later, suspended the fee.
Prospects for Local Lodging in 2017
04 Wednesday Jan 2017
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Excess competition coupled with controversies surrounding Local Lodging are beginning to affect prices and occupancy rates. While registrations were still up in 2016, the pace has diminished substantially which slowed from 200% in 2015 to just 8% last year.
Home Ownership in Portugal: “Land rich, cash poor”
04 Wednesday Jan 2017
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Local Lodging has the potential to unlock untapped financial resources from home ownership. Three out of four Portuguese nationals own their own homes (74.9%). Portugal ranks well ahead of many wealthy countries in Europe and around the world in home ownership: Sweden (70.6%), the Netherlands (67.8%), Canada (67.9%), USA (64.5%), France (65%), UK (63.5%), Germany (52.5%) and Switzerland (44.5%). Accentuating these statistics is the fact that multiple home ownership is commonplace in Portugal.
DSG - in the pipeline 