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New income tax deductions for 2015

financaslogoFrom January 1st, 2015 when working out your tax returns, only invoices that include your tax number (NIF) will be accepted by the taxman, according to the director general of the tax department, António Brigas Afonso.

Afonso said that taxpayers should always ask suppliers for invoices that include their tax number if they want later to submit them as legitimate expenses when working out income tax.

GNR set up check points at popular New Year venues

accident125The GNR’s ‘Ano Novo Seguro’ operation starts today until January 4th as the police patrol roads and set up roadside inspection points - specifically on the routes to and from popular sites hosting New Year’s Eve festivities - ‘in order to prevent road accidents.’

According to the GNR website, throughout the operation there will be a total of 6,572 officers out and about to keep us safe.

Chill New Year's eve but warmer weather by the weekend

lagosNew Year’s Day temperatures will hit zero in the early hours in some parts of Portugal with the Institute of Sea and Atmosphere predicting some freezing minimum temperatures until Friday.

The yellow warning stays in force for much of mainland Portugal but the temperatures will start to rise from Saturday.

New 'green taxes' to make life more expensive

galpThe new green tax on plastic bags will now not come into force until February 15 but other taxes in the guise of helping the environment will start as planned on January 1st, 2015.

Plastic bags from supermarkets will cost a minimum of tens cents.

Olhão's 'Berlin Wall' proposals miss the point

train‘Raise the height and increase the width of the Olhão tunnel walkways. This will reduce the slope and make it easier to use, even for those with reduced mobility.’

This is the nub of the proposal from Olhão council as explained to an audience at a public discussion on Monday night. The mayor is trying to reach some sort of settlement over the upset caused by Olhão’s very own Berlin Wall – the name given to the barrier erected by the national railway company that has cut Olhão in two.

Christmas Day burgers gain popularity

REINDEERThousands of people in the UK abandoned the notion of a traditional Christmas meal, opting instead for takeaway hamburgers and fried chicken.

Orders soared by 19% compared to last Christmas.

Spanish bank joins race to buy Novo Banco

novobancoSpain’s Banco Popular is the latest addition to the line up willing to compete to buy Novo Banco, the sanitised remains of Banco Espírito Santo.

Banco Popular has formalised its interest but it not yet committed to any purchase, neither are the other parties.

Far fewer Romanians and Bulgarians going to Britain

ukroadThe number of Romanian and Bulgarian migrants entering into the UK has been growing at only a steady pace over the last seven years, despite controls having been lifted and fears that Britain would experience an influx.

The total population of the two nationalities in Britain is 252,000, of which more than 80% had already been in the country before labour market restrictions were relaxed on 1 January 2014, according to academics.