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The crackdown on tax fraud

The crackdown on tax fraud and offshore tax evasion remains very much a key issue in 2014. Governments are working to detect and prevent tax evasion, and collect unpaid tax. Their investment...

Taxation of Income

Income received by a resident is broken down into different categories: A) Salaries, B) Self-Employment, E) Capital, F) Property, G) Capital Gains and H) Pensions and is taxable in Portugal...

The meek Mr Osborne and your estate

The meek shall inherit the earth, according to the Bible. In the case of the UK tax authority, the meek Chancellor levies 40% inheritance tax on estates. If you have two or more heirs, it could...

Taxation of Income

Income received by a resident is broken down into different categories: A) Salaries, B) Self-Employment, E) Capital, F) Property, G) Capital Gains and H) Pensions, and is taxable in Portugal...

Bank wins landmark mortgage ruling

An appeals court in Évora has overruled a landmark case in Portimão that gave hope to all householders in danger of defaulting on mortgage payments.

The Tribunal de Relação (TRE) decided...

HMRC issues new guidance on QROPS

Once you reach retirement age you need to carefully consider all your options for your UK pension funds, and how they affect your retirement income and the transfer of any balance to your heirs on...

The moving target of finance

There has been much discussion and finger pointing following the events that produced the so-called financial meltdown of 2007/08 and the problems which followed, but whatever the reasons and who...

Here we are at the start of a new year, when we tend to reflect on the previous 12 months, and ahead to what the coming year may bring. It is a good time to review your financial planning to...

A tale of two leavers

Residence is a curious beast. For most countries, it determines what income and gains are taxable, and where, with many countries taxing residents on their worldwide income, and often gains. Some...

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After enjoying the after effects of an...