News
Tax and business news
Tax, accounting and business topics for anyone running a small business or setting up a company in Portugal.

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Stocktake: do your company’s records match what you actually hold?
By 31 January, companies report their year-end stock to the Portuguese Tax Authority. But those figures are only reliable with control throughout the year.
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Does adding 35% to cost give you a 35% margin?
A 35% markup on cost is not a 35% margin: measured on the selling price, the same amount gives a lower percentage. Before setting your 2027 prices, it is worth…
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Social security in Portugal: what changes in January for salary reporting?
From 1 January 2027, every employer moves to the new model: Social Security calculates the contributions and the company confirms them every month. The essentials on deadlines and what to…
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Simplified IRS regime: do your expenses count?
Under Portugal’s simplified regime, part of your income is left out of tax, but for services this depends on justifying expenses. The essentials on the 15% rule, the February deadline…
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Employee housing: will the tax exemption continue in 2027?
Housing a company provides to an employee is exempt from income tax and social security, up to certain limits. The regime ends in 2026, and the 2027 State Budget proposal…
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Invoices in Portugal: which rules and deadlines apply?
By the 5th of each month, the details of the previous month’s invoices must be reported to the Tax Authority. The essentials on deadlines, mandatory details, ATCUD and QR code.
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Can a loss-making company still pay tax?
Autonomous taxation is due even when a company makes no profit, and it rises with a tax loss. Portugal’s 2027 State Budget proposal keeps an exception, under specific conditions.
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Selling is not getting paid: who is financing your customers?
Time can pass between the invoice and the customer’s payment. Knowing and managing collection terms helps keep your cash flow balanced.
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Sole trader or company: which should you choose?
Your business’s legal form affects taxes, liability for debts and accounting obligations. It is worth deciding carefully from the start.
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Is December heavy on your company’s cash flow?
In December, the Christmas allowance and the third corporate tax payment on account fall due together. Preparing for them early means reaching the end of the year with peace of…
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PDF invoices accepted until the end of 2027?
Portugal’s 2027 State Budget proposal extends, for one more year, the acceptance of PDF invoices as electronic invoices. It is a postponement, not an exemption, so it pays to prepare…
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Paying the shareholder: three routes, different rules
A manager’s salary, a profit distribution or the repayment of shareholder loans: each way a shareholder can be paid by the company has its own rules. Withdrawals without a clear…
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