Let Us Help You Navigate Your Tax Return in Portugal

The IRS season for 2024 in Portugal is just around the corner, and it’s time to start thinking about your tax obligations. From the 1st of April to the 30th of June, taxpayers will have the opportunity to submit their annual tax returns. Whether you are a resident in Portugal or a non-resident with income in the country, it’s crucial to ensure that your IRS (Imposto sobre o Rendimento das Pessoas Singulares) return is filed accurately and on time.

As we all know, tax returns can be complex, especially with the frequent updates to tax laws and the range of deductions, exemptions, and allowances available. If you’re unsure about how to proceed, or simply prefer to have an expert handle the process for you, our team is here to assist.

Key Dates for IRS 2024 Submission
Starting Date: 1st of April 2024
Ending Date: 30th of June 2024
It’s essential to submit your tax return within this window to avoid penalties or delays. Late submissions can result in fines or even higher tax assessments, which is why it’s always a good idea to get started early.

Why is Filing Your IRS Tax Return Important?
In Portugal, the IRS tax return is not just about paying taxes. It is an opportunity for you to ensure that you are claiming all available deductions and allowances, which could reduce your taxable income. Some of the key benefits of submitting your IRS return correctly include:

• Claiming tax deductions and credits: There are numerous deductions available, such as for education, health, and home loan interest, which can significantly lower your tax burden.
• Tax rebates: If you have overpaid taxes throughout the year, you could be entitled to a refund. Filing your tax return ensures that any excess payments are returned to you.
• Compliance with tax laws: Portugal has strict tax regulations, and failing to file your return or submitting inaccurate information could lead to penalties.

How We Can Help You with Your IRS Submission
We understand that preparing an IRS tax return can be confusing, especially for expats or those unfamiliar with Portugal’s tax system. That’s why our team of experienced professionals is ready to guide you through the process from start to finish. Here’s how we can assist:

• Personalized Tax Advice: Our experts will evaluate your specific situation, ensuring that all potential deductions, credits, and allowances are applied to minimize your tax liability.
• Document Preparation and Submission: We will assist you in gathering the necessary documents and ensure they are correctly submitted to the Portuguese Tax Authorities (Autoridade Tributária). This includes providing accurate information, such as income, expenses, and any applicable exemptions.
• Filing for Non-Residents: If you are a non-resident with income in Portugal, we can help ensure your tax return is in compliance with Portuguese tax laws, saving you from any potential issues in the future.
• Peace of Mind: Tax regulations can be intricate, and deadlines are crucial. With our professional support, you can rest easy knowing your tax return is in good hands, and you are fully compliant with the law.

Don’t Miss Out – Contact Us Today!
As the 1st of April approaches, we invite you to get in touch with us to discuss your IRS tax return. Whether you are new to Portugal or have been living here for years, our team is equipped to handle all aspects of your tax filing.

We offer a hassle-free, professional service to ensure that your tax return is accurate, submitted on time, and that you make the most of the available tax benefits. The sooner you get started, the better – especially if you are unsure of the documentation or deductions that apply to your case.

Contact us today for a consultation and take the stress out of your tax obligations this year. We’re here to make the process smooth and straightforward!

How to Reach Us
You can contact us via email at geral.jsadvisers@gmail.com or call us at +351 927649501. We are happy to answer any questions or discuss how we can assist you further.

If you have any questions or need additional help, feel free to get in touch – we look forward to working with you!