Individual Taxation
Our team is committed to providing in-depth assistance on matters related to the taxation of individuals and our focus spans across various economic sectors, addressing the needs of individual investors, top executives, employees, and their organisations.
Explore our services
- Private Clients
- Employment tax
- Pensions and Retirement
Private Clients
How can we help you?
Individual investors and their families encounter unique challenges, especially when they are internationally mobile or seek to invest in jurisdictions outside their country of residence.
The rapid pace at which the decision-making process can occur demands special attention and the ability from our team to respond to the requests with efficiency and technical excellence. You can rely on the expertise and specialisation of our team, as well as on the high quality of our services.
- Regular tax advisory services for individuals, namely High and Ultra High Net Worth Individuals, investors, entrepreneurs, executives, digital nomads, etc. including:
- Determination of the tax and social security implications of moving to Portugal or abroad;
- Assessment of eligibility for existing special tax regimes, such as the Tax Incentive for Scientific Research and Innovation (IFICI), the Non-Habitual Residents’ regime (NHR) and the special regime for former residents;
- Analysis of the tax implications applicable to the acquisition, ownership and transfer of assets (movable property and real estate), in Portugal or abroad;
- Identification of the tax framework arising from the indirect ownership of assets through trusts and other fiduciary structures.
- Tax analysis and restructuring of family-based businesses.
- Support with the tax and migratory practical aspects of the process of moving to Portugal.
- Support in complying with tax obligations, including:
- Preparation and submission of annual income tax returns, ensuring the correct reporting of Portuguese and foreign-sourced income, as well as analysing the options available that may be more efficient from a tax point of view; and
- Tax obligations applicable to self-employed workers.
Employment tax
How can we help you?
The growing difficulty in retaining human capital and the competitiveness of the Portuguese labour market mean that remuneration policies need to be defined and regularly reviewed to provide employees with the benefits that best suit their personal and family situation, while also considering the impact on their net income and the company's costs. On the other hand, it is essential for companies to ensure that the procedures they adopt comply with tax and social security legislation and do not create any contingencies.
- Design, analysis, implementation and monitoring of remuneration packages from a tax and social security perspective.
- Identification of the tax and social security implications of implementing Flexible Benefit Plans.
- Review of the tax and social security procedures followed in payroll processing, including the reporting carried out and the tax and social security framework.
- Identification of special regimes that may apply to income / benefits paid / attributed to employees (e.g. severance payments, bonus, compensation for relocation, etc.).
- Assistance in designing, implementing and identifying the tax and social security impacts of Share Plans (e.g., stock options, restricted stock units, phantom shares, etc.), as well as Management Incentive Plans.
- Support in the identification and implementation of attractive remuneration policies and benefits applicable to start-up employees, namely Share Plans.
- Local or international tax and social security support for senior executives and directors.
- Analysis of the tax implications resulting from the application of special tax regimes, such as the Tax Incentive for Scientific Research and Innovation (IFICI), the Non-Habitual Residents’ regime (NHR) or special regime for former residents.
- Advice and fulfilment of the tax and social security obligations related with remote workers.
- Support with administrative claims to recover unduly paid social security contributions.
Pensions and Retirement
How can we help you?
Retirement planning is becoming increasingly important, due to the decreasing of replacement rates, which lead to greater discrepancies between the pension amounts provided by social security systems and the pre-retirement income earned during employment.
Our team can assist with:
- Identification of the tax implications of contributions to pension funds and similar schemes, and the respective benefits.
- Planning of the exit from the labour market and entry into retirement for executives, members of statutory bodies and workers with particular relevance within the organisations, namely by analysing the tax framework of the severance pay.
- Definition of post-employment benefits (pension plans, pension calculations and net income estimates, etc.), from a tax and social security perspective.
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