Workers who reside in one country and carry out their professional activity in another maintain tax links with both States. The situation can lead to the so-called international double taxation, in which the same income is subject to tax in two different countries. What is international double taxation? According to…
Posts published in “Economy”
In a statement, a spokesperson for the Social Security has confirmed that a new model called ‘Simplification of the Contributory Cycle’ (SCC) will come into force this year. In practice, this means less bureaucracy for companies and a faster and simpler process for reporting salaries and calculating contributions. The main…
The rates of the Tax on Petroleum Products and Energy Consumption (ISP) in the Autonomous Region of Madeira will increase from Monday, January 19th, by decision of the Regional Government, through the Regional Secretariats of Economy and Finance. At issue is the publication of Ordinance No. 10/2026, of 15th of…
The President of the Regional Government has commented again on the electoral campaign for the Presidency of the Republic, underlining his support for LuĂs Marques Mendes, who he believes was more direct in relation to the issues of the autonomous regions. “At the end of a video, Miguel Albquerque touched…
On Tuesday, the 13th of January, the General Confederation of Portuguese Workers delivered a petition to the Prime Minister’s official residence opposing the government’s proposed changes to labour laws. This action was part of the National Day of Struggle against the draft amendments and included over 100,000 signatures, more than…
In a statement, ACIF has expressed its concern about the current approach to tourism management in the Region and warns of “the risks associated with the intention, or temptation, of some municipalities to increase the value of the tourist tax,” this when new sectoral taxes proliferate, namely those applied to…
The Funchal City Council (CMF) Socialist Party councilor questioned the PSD/CDS executive at last week’s city council meeting about the promised revision of the municipal regulation on Local Accommodation (AL). According to a statement, Rui Caetano warned of the provisional suspension of new AL registrations, with a maximum duration of…
The Minister of Infrastructure gave assurances today that the new platform of the Social Mobility Subsidy (SSM) will not require tax and social security declarations from citizens, adding that the changes underway are in line with the concerns expressed by the President of the Republic. Miguel Pinto Luz assured that…
The JPP Parliamentary Group was contacted by a group of beekeepers from the Autonomous Region of Madeira who requested the party’s intervention with the Regional Secretariat for Agriculture, Fisheries and Environment (SRAPA). Reports indicate that in May 2024, American Foulbrood disease was found in beehives in the areas of Santana,…
From the 1st of January, the payment of the Social Mobility Allowance by CTT has been suspended, pending the publication of national ordinances. However, according to the Regional Government, it is assured that the payment of the SSM for all tickets issued up to the date of publication of the…
The President of the Regional Government of Madeira and the Regional Secretary for the Economy recently asked the Prime Minister to find an urgent solution to unblock the arrival and departure of cargo ships entering the port of Leixões, “as critical supply chains to the outermost regions would be affected…
Earlier today, a couple revealed that they had been overcharged for half a kilo of figs. The gentleman in question had thought they were €6.10 when, in fact, they were charged €61.00. Unfortunately, as they paid by card, they didn’t realise they’d been scammed until later. Please be careful when…
On the sidelines of a visit by the executive of the Regional Government to the Legislative Assembly of Madeira, to present Christmas greetings to the President of Parliament, Miguel Albuquerque was asked about the upcoming Presidential candidate visits to the island.  To put it mildly, he is unimpressed. While talking…
The proposal for the Regional Budget for 2026 was approved in a final vote in the Regional Assembly. The document was unanimously approved by the majority of deputies, namely the 23 elected by the PSD and one from the CDS. Opposition to the budget was split between those who voted…
The Regional Secretary for the Economy, JosĂ© Manuel Rodrigues, also announced in the Regional Legislative Assembly that a German company will invest 8 million euros in a clinic in Funchal. With this announcement, the minister aimed to strengthen the ongoing trend of attracting foreign investment to the archipelago, boosting and…