Municipal Property Tax 2024: Simulator helps calculate the amount to pay
Understanding how much you will pay in IMI is essential to ensuring a balanced family budget. The Municipal Property Tax (IMI) is an annual tax levied on the ownership of…
Record for cork export, wine misses the billion target
December figures are still missing, but it is already certain that cork will exceed the 1212 million of the previous year. In wines, liqueurs are “dragging” the sector into the…
Portuguese unhappy with banks because of opening hours and costs
The Portuguese are more dissatisfied with traditional banks and are looking for innovative alternatives, such as online banks. Opening hours and maintenance costs keep new customers away. According to a…
Tourist accommodation bills more 13% and reaches its best November ever
In November, revenues from tourist accommodation in Portugal passed 329 million euros, the highest figure ever for this month. Compared to November 2022, this figure represents an increase of more…
Value of remittances sent by emigrants to Portugal equals European funds
In 2021 alone, the country received 3.6 billion euros in remittances from emigrants. In total, more than 2.6 million Portuguese live outside the country, which makes Portugal the country with…
Tax authorities remind taxpayers to validate invoices
Don’t let them accumulate and validate them periodically. The Tax Authority (AT) has reminded taxpayers, in a post shared on social media, that they must validate their invoices for IRS…
VAT reduced by 5%? Only for work on private homes
The reduced VAT rate of 5% can be applied to home repair or renovation services, provided that the property in question is used as a “permanent dwelling or vacation home”.…
Dutch low-price king with 2,300 stores lands in Portugal
“Small prices. Big smiles” is the slogan of Action, the discount chain that was founded 30 years ago in Enkhuizen, Holland, and currently has more than 2,300 stores in 11…
Are you upper, middle or lower class in Portugal?
Find out how much you have to earn to belong to each level According to data from the Organization for Economic Cooperation and Development (OECD), middle class people earn between…
Fuel prices next week from January 15th to 21st
Fuel prices will not change much next week, with gasoline remaining the same as the previous week and diesel suffering a slight price increase, according to the ECO newspaper. From…