IRC Reduced to 12% in 2020

5th November 2019

The President of Madeira, Miguel Albuquerque announced yesterday that the IRC for both small and medium businesses will drop to 12% next year.

However, VAT will remain at its current rate for the next four years.

Samantha Gannon

info at madeira-weekly.com

Enjoy your Garden now!

With everything that is going on in the world, now is the time to enjoy your garden. You’ve worked hard at it and now, sit back and enjoy the fruits of your labour. Listen to the hum of bees, delight in a butterfly’s featherweight and sit back and smell the roses. You may not be able to go out, but you can stay in your garden, ponder, wonder and rejoice at being alive.