Portugal's tax rates for individuals is progressive.The 2021 tax rate is 14.5% - 48% with additional 2.5% surtax for income between EUR 80,000 EUR 250,000 and 5% for income exceeding EUR 250,000. Exemptions are granted to taxpayers with specific types of income. The 2021 rate of tax fo...
Non-residents are taxed at a flat rate of 25% on their taxable remuneration (e.g. employment, self-employment, and pension income) in 2025. Resident income tax rates for 2025 Taxable income (EUR) Tax rate (%) Deductible amount (EUR) Over Not over 0 8,059 13.00 0 8,059 12,160 16.5...
There are no significant changes in the 2007 tax rates for companies and individuals, compared to 2006. Portugal Taxes November 2006 According to the proposed 2007 budget, Portugal's individual income tax rates would remain the same as in 2006,10.5% to 42%, with slight changes in the tax br...
All the process and expenses required for Income Tax in Portugal and Filing are available for you Visit this article to know everything
Per diems in Portugal are known as “ajudas de custo†and are set daily allowances which are tax exempt. In Portugal there aren’t specific per diem policy rates for the private sector, so the figures are the ones used by the public sector. 0 Reply Laren 2 ...
The General Rule of Thumb:Most income in Portugal is taxed at progressive rates from 14.5% to 48%. The NHR Plot Twist:The old Non-Habitual Resident (NHR) tax regime is no longer accepting new applicants. But wait! There are new tax regimes (NHR 2.0) and even talks of bringing back pa...
Tim SmartFeb. 12, 2025 Inflation Spiked in January The hearing before the Senate Banking Committee was relatively quiet absent a few back-and-forths on the economic effects of Donald Trump’s tariffs. Tim SmartFeb. 11, 2025 Powell: No Hurry to Lower Interest Rates Lo...
The categories are: General at 23%, Intermediate at 13%, and Reduced at 6%. The rates are slightly lower in the Azores and Madeira. General: Items here include prepared food and most nonessential products and services. It is interesting that Portugal considers legal representatives such as lawy...
Household Income Consumer Spending Consumer Price Index (CPI) Price Level Index (PLI) Tourism Finance Business Cycle International Trade Tax Rates Exchange Rates Access data 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016...
Taxable capital gains that are not specifically exempt or taxed separately have taxation at the ordinary rates: (1) Real estate and associated rights (2) A taxpayer’s property transferred to the taxpayer’s business (however, this gain may be deferred). The tax year in Portugal is the ...