Thank you for this detailed explanation! I now have a clearer understanding of the differences between accounting and tax services and how they can benefit both businesses and individuals. It's great to know there are professionals who can assist with these crucial aspects of finance.

Accounting and tax services are vital for businesses, covering tasks like bookkeeping, financial statements, and tax planning. These services offer detailed explanations on accounting practices and tax obligations, ensuring compliance with regulations. In international transactions, attention to specifics like the Portuguese NIF is crucial, serving as a unique tax ID for entities in Portugal.

By promoting a more efficient tax system, GST contributes to economic growth. It increases tax revenue for the government, which can be used for infrastructure development, welfare programs, and other public services calculate gst. This, in turn, stimulates the economy and improves the standard of living.