Article by: Deloitte Portugal Living and working with purpose in a transforming world The 13th edition of Deloitte’s Gen Z and Millennial Survey 2024 included the participation of approximately 23,000 respondents in 44 countries to monitor their experiences and expectations at work and in society as a whole. Gen Z and Millennials are moderately optimistic … Read more
Article by: US Tax Consultants The Internal Revenue Service today reminded U.S. citizens, resident aliens and any domestic legal entity that the deadline to file their annual Report of Foreign Bank and Financial Accounts (FBAR) is April 15. For additional information about filing deadlines, filers should look to Financial Crimes Enforcement Network’s (FinCEN) website for further information. Filers missing … Read more
By Essential Business Posted 19 Outubro, 2023 In New Airport, News, NHR Regime, Tax The Government’s decision to end the Non-Habitual Residents tax regime next year may pave the way for a new tax incentive aimed at scientific researchers and innovators. The new tax incentive will “allow a series of professions to continue to benefit from reduced tax income” according to … Read more
By Essential Business Posted 19 Outubro, 2023 In Agriculture, Economy, Exports, News As if the Ukraine conflict wasn’t bad enough, some 933 Portuguese exporters have now been caught in the Middle East crossfire according to an exclusive report by the online news source Eco. Israeli clients are said to have postponed business trips and have cut orders in food … Read more
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By Essential Business Posted 16 Agosto, 2023 In Companies, News, Start-Up, Technology The Portuguese company Magic Beans, which specialises in technology advisory services, saw revenues grow 23% in H1 2023. Its goal now is to grow by over 50% for the year after having achieved a €3 million in revenues em 2022. Magic Beans has remained focused on the internationalisation of … Read more
By Essential Business Posted 18 Agosto, 2023 In Interest rates, Mortgage lending, News Successive rounds of ECB interest hikes have filtered down to Portugal’s housing market putting an extra 40% on the average monthly mortgage repayment to €370. This is according to data from the National Statistics Institute (INE) that shows an additional €106 in relation to July 2022, which … Read more
By Essential Business Posted 16 Agosto, 2023 In Hotel, News, Tourism Tourism registered €2.5Bn in total revenues for the first half of 2023, most of this amount (€1.9Bn) were revenues made from overnight stays. These increases were on the back of an increase in overnight stays, with the average price per night in Lisbon at €152,6 and in the … Read more
