Newsletter #2

[06/12/2023]

Dear Customers and Friends, 

We draw your attention to the following topics, which documentation can be consulted in the respective attachments below. 

We appreciate all the feedback and messages you have sent us. 

If you have any questions or need more information, do not hesitate to get in touch.

Best regards,

#1 - MINIMUM MONTHLY WAGE FOR 2024 

Decree-Law No. 107/2023, of November 17

Update of the minimum monthly wage guaranteed in 2024 to €820.00. 

#2 - EXTRAORDINARY REGIME TO SUPPORT AGRICULTURAL PRODUCTION CHARGES 

Binding Information, Process 24450, of August 29

Increase by 40% of the expenses incurred with the purchase of glass bottles for bottling wines  (Law no. 24-D/2022), to determine the taxable profit for the 2022 and 2023 tax periods. 

#3 - RFAI - CREATION AND MAINTENANCE OF JOBS

Tax Authority Circular Letter No. 20259, of June 28, 2023

Clarification regarding the conditions to be cumulatively met by Income Tax payers, so that they can benefit from the RFAI. Jobs must be directly linked to the respective investment and should be maintained during the minimum period of holding the assets subject to investment (Article 22, no. 4, subparagraph c) of the CFI).

#4 - TAX EVASION MEASURES 

Resolution of the Assembly of the Republic no. 128/2023, of November 10

Recommendations from the Assembly of the Republic to the Government on the implementation of measures to prevent tax evasion, tax avoidance and aggressive tax planning. 

#5 - PROGRAMA AVANÇAR

Ordinance No. 390/2023, of November 23

Amendment to Ordinance No. 187/2023, of July 3, which changes the remuneration level of the supported open-ended contract to 1,385.98 € for 2024.