Business breakfast discusses 2019 State Budget

The British-Portuguese Chamber of Commerce (BPCC) has announced the next Business Breakfast in the Algarve, entitled “State Budget 2019 – an uneventful one? Moneris Budget Analysis”. It will take place on Wednesday, January 16 at the Hilton Vilamoura As Cascatas Golf Resort & Spa at 8.15am.

The foreword presentation will be by Rui Pedro Almeida, CEO and President of the Executive Committee of Moneris, and the key note speaker will be João Gomes, Accounting and Tax Partner of Moneris.

Says the BPCC press statement: “The State Budget for 2019 comes with no big surprises.

Effectively, the Portuguese Magna Carta that will rule in 2019 continues to pursue tax policies that consolidate the existing tax pressure both on families and corporations. Nonetheless, it is usually said that no news is good news for investors and business in general, and indeed one cannot say this is an electoral budget.

“Although families are indeed the focus of some mild tax relief, the maintenance of most of the existing tax incentives for companies is, in the end, good news. Overall an uneventful budget, drafted under the assumption of a favourable macroeconomic environment and continued economic growth.”

The session will allow BPCC members ample time to discuss these and other questions they might have, but also to share their experiences and learn from each other.

These breakfast meetings are described by the Chamber as “great opportunity to do some networking. Places are limited, and thus we urge you to make your reservation promptly”.

Cost is €13.50 for Chamber members and Hilton’s Club H20 Members and €18.50 for non-members, including a buffet-style breakfast (this cost is for the breakfast only and will be paid on the day directly to Hilton Vilamoura).

To confirm attendance, email Adriana Silva, BPCC southern representative, at before Monday, January 14.