Question:

Do we all need a Fiscal number?

Answer:

Yes, all of you will need to have a Portuguese Tax Number, because you will be considered tax resident in Portugal.


Answer supplied by Chamber member Edge International, ggraham@edge-il.com

Question:

My husband and I and our children are planning to go and live in Portugal permanently very soon. My husband intends to keep his UK job but obviously would like to receive his salary tax free and then pay tax in Portugal since he will be tax resident there. HMRC in the UK told him he needs to fill out the UK government’s P85 form for double taxation so that he would pay tax in Portugal.

Is doing the double taxation form sufficient or does my husband’s company need to register in Portugal for taxation purposes?

Answer:

If your husband is moving to work from Portugal, he has to get residence and a fiscal number in Portugal, showing his Portuguese address.

In the UK he fills out the P85, saying he now resides in Portugal.

Once he has done that, he applies for the Non Habitual Tax regime at the Portuguese tax office (or a lawyer can do that for him) and he has to check that his job title/profession is on the list of value added occupations which qualify for the lower NHR tax rates (e.g 20% income tax).

See here for the link to the Portuguese government’s web page that lists the value added occupations.


 

Answer supplied by Chamber member, Michelle Oliveira Pereira, mopereira@effigest.pt