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The main filing window for your 2024 Modelo 3 IRS return is April 1, 2025, to June 30, 2025. Preparation steps like validating invoices on the e-Fatura portal should ideally be completed by late February 2025, though updates are sometimes possible later without penalty.

Yes. If you qualify as a tax resident in Portugal (typically over 183 days stay or having your main home here with at least one day of presence), you must declare your worldwide income. Double Taxation Agreements help prevent being taxed twice, but reporting all income sources is required (using Annex J for foreign income).

The Simplified Regime is common for freelancers under €200k turnover; it estimates taxable income using standard coefficients applied to your revenue. Organized Accounting requires a certified accountant (Contabilista Certificado) and uses your actual, documented business expenses, which can be more beneficial if your expenses are high relative to the coefficients.

For gains realized in 2024: Crypto sold after holding for less than 365 days is typically taxable (flat 28% rate or aggregated with other income). Crypto sold after holding for 365 days or more remains tax-exempt for 2024 gains. Any taxable sales must be reported. Income from staking or mining may be taxed differently.

The standard NHR regime is closed to new applicants as of January 1, 2024. If you were already registered under NHR, you retain its benefits for your remaining 10-year period. Limited transitional rules exist for some people who met specific criteria before the end of 2023. There is a new, different incentive regime for certain qualified professions and investments.

For the 2024 income filed in 2025, the previous IRS Jovem rules apply (partial exemption for those under 35). However, be aware that for income earned in 2025 (filed in 2026), the regime has been significantly enhanced with greater exemptions and easier access.

It's crucial because many valuable tax deductions – like general family expenses, health costs, education fees, and VAT refunds from certain sectors (restaurants, repairs, etc.) – depend on having invoices with your NIF (Tax ID) correctly registered and validated on the Portal das Finanças (e-Fatura section) by the deadline. Missing this step means losing potential deductions.

Our service includes: Securely gathering your information, detailed analysis of your tax situation according to Portuguese law, identifying all applicable deductions and regimes, preparing the draft Modelo 3 return and necessary annexes, providing a summary with strategic insights and planning opportunities, allowing you to review and approve the draft (with an optional consultation call), and handling the final electronic submission to the AT. We also offer support explaining the official assessment.

Use the code PTFASTFILING2024 during checkout. If you are one of the first 50 clients to sign up for the service, the price will automatically adjust from €500 to €250.

The €250 offer covers the vast majority of situations for individuals, expats, and freelancers. Our "Clarity Guarantee" means if we review your details and find exceptional complexity requiring significantly more work, we'll discuss it with you before starting detailed preparation. You'll have the option to proceed at a potentially adjusted fee or receive a full refund.