Understanding tax residency in Portugal
By International Adviser, 24 Mar 17
If you have recently moved or are moving to Portugal, you need to understand the tax implications of living there as a British national, says Jason Porter, director of European IFA firm Blevins Franks.
If clients do meet Portuguese residency criteria, it is their responsibility to declare themselves to the authorities and submit a tax return each year. Failure to do this, even if unintentional, could invite a tax investigation.
Declaring that they have paid tax in the UK on income that is actually taxable in Portugal will not be considered a defence under Portuguese law.
If clients disagree with the Portuguese authorities on whether they are a tax resident, it is up to them to prove that they do not meet any of the residence criteria.
Tags: Blevins Franks | Portugal | Residency
