The Portuguese government has announced a new IRS (personal income tax) cut for 2025, which will have a direct impact on the monthly income of millions of families. The measure, to be applied starting in September or October, provides for a reduction of between 0.4% and 0.6% in IRS rates, with immediate effects on taxpayers’ wallets — but also with future implications for IRS refunds.

In 2023, Portuguese taxpayers took a significant step towards fiscal transparency in the crypto asset sector. According to data from the Ministry of Finance, released by Expresso, over 500 residents in Portugal declared €57 million in capital gains related to the sale of crypto assets, reflecting the impact of new tax rules introduced in the 2023 State Budget.

In a sector where rigor, trust, and compliance are non-negotiable, quality processes emerge as an undeniable competitive advantage. In this interview, Daniel da Rocha Cardoso, Partner at FA Accounting, shares his strategic vision on the importance of adopting and maintaining quality management systems within accounting organizations. This conversation highlights how quality has become a structural element for the efficiency, reputation, and sustainability of accounting firms. At a time when fiscal complexity is increasing and client demands are becoming more sophisticated, investing in quality is not just a technical matter—it’s an essential strategic decision.

Portugal faces a serious cultural deficit regarding timely payments. A study by Informa D&B with 300 companies revealed that, in May 2025, only 20% complied with agreed payment deadlines with suppliers, placing the country among the five most delayed in Europe OCC+7OCC+7OCC+7.

Simplifying fiscal complexity and transforming challenges into sustainable decisions: this has been the guiding mission of FA ACCOUNTING from day one.

In an interview, Daniel da Rocha Cardoso, Accounting & Management Consultant, reveals how the company has evolved beyond traditional accounting by focusing on a close relationship with clients, technological innovation, and a strategic vision.

Daniel da Rocha Cardoso is a Certified Accountant who founded FA Accounting & Management in 2020. With a distinctive approach to the sector, the company now aims to establish itself as a benchmark, not only in Portugal but also internationally.