💰 IRS Calculator (Imposto sobre o Rendimento de Pessoas Singulares)
Portuguese income tax with 9 progressive brackets (13%-48%, OE2026 reform: brackets 2-5 rates reduced, all thresholds raised 3.51%) plus solidarity surcharge (2.5% on €80K-€250K, 5% above €250K). Basic exemption: €12,880 (2026).
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📌 NHR (Regime dos Residentes Não Habituais):
Portugal's attractive tax regime for new residents. Under NHR 2.0 (since 2024): qualifying professionals in R&D, teaching, healthcare, IT, and other high-value activities can benefit from a flat 20% IRS rate on employment/self-employment income for 10 years. Foreign-source income (dividends, interest, royalties) may be taxed at 28% flat rate. Capital gains on foreign assets: 28%. Pension income from abroad: 8% (under transitional rules). The old NHR regime (closed to new applicants in 2024) offered 0% tax on most foreign income for 10 years.
📊 Portugal Tax Rates Overview 2026
Tax Type
Rate
Details
IRS (up to €8,342)
13%
Lowest bracket
IRS (€8,342 – €12,595)
16%
Lower-middle (reduced)
IRS (€12,595 – €17,869)
21%
Middle (reduced)
IRS (€17,869 – €25,327)
24%
Upper-middle (reduced)
IRS (€25,327 – €41,183)
31%
Higher (reduced)
IRS (€41,183 – €56,000)
36%
High income
IRS (€56,000 – €75,000)
43.5%
Top-middle
IRS (€75,000 – €85,000)
45%
High
IRS (over €85,000)
48%
Top rate
Solidarity (€80K–€250K)
2.5%
Additional surcharge
Solidarity (over €250K)
5%
Top surcharge
IRC (Corporation Tax)
19-21%
19% (2026) / 17% (≤€50K SME)
IVA (Standard)
23%
Most goods & services
IVA (Intermediate)
13%
Food, restaurants
IVA (Reduced)
6%
Medicines, books, transport
TSU Employee
11%
Social security
TSU Employer
23.75%
Social security
Capital Gains / Dividends
28%
Flat rate (or opt for progressive)
🏘 Regional IVA Rates
Region
Standard
Intermediate
Reduced
Continente (Mainland)
23%
13%
6%
Região Autónoma da Madeira
22%
12%
5%
Região Autónoma dos Açores
18%
9%
4%
👥 TSU Calculator (Taxa Social Única)
Portuguese social security (Segurança Social). Total: ~34.75%. Employer: 23.75%. Employee: 11%. Covers pensions, healthcare, unemployment, family benefits.
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📌 Segurança Social 2026:
TSU (Taxa Social Única) is the unified social security contribution. Employee: 11% of gross salary. Employer: 23.75% of gross salary. Combined: 34.75%. Covers: pensions (reformação), unemployment (subsídio de desemprego), sickness (subsídio de doença), maternity/paternity (parentalidade), family allowances (abono de família), workplace accident insurance. Minimum wage 2026: €920/month (14 payments/year). Portugal pays 14 monthly salaries (13th month in December + 14th month "subsídio de férias" in June). Self-employed (trabalhadores independentes): 21.4% on actual income (70% of service income × 21.4%).
🧾 IVA Calculator (Imposto sobre o Valor Acrescentado)
Portuguese VAT has 3 rates. Standard: 23%. Intermediate: 13%. Reduced: 6%. Regional rates differ for Madeira and Açores.
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📌 Rate Categories:23%: Most goods & services, electronics, clothing, alcohol. 13%: Food products, restaurant services, accommodation, some agricultural products. 6%: Medicines, medical devices, books/newspapers, public transport, hotel accommodation, water supply, funeral services. Registration threshold: €10,000/yr. Madeira and Açores have reduced rates due to their autonomous status.
🏢 IRC Calculator (Imposto sobre o Rendimento de Pessoas Coletivas)
Corporation Tax: 19% (2026, reduced from 21%). SME first €50K at 17%. Plus municipal surcharge (Derrama Municipal) up to 1.5%.
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🏠 IMI Calculator (Imposto Municipal sobre Imóveis)
Portuguese property tax (IMI) is an annual municipal tax on the taxable patrimonial value (VPT) of real estate. Rates: 0.3-0.45% (urban), 0.8% (rural).
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📌 IMI Note:
IMI is paid annually (1, 2, or 3 installments depending on amount). Main residence exemption: new purchases may be exempt for 3-5 years (depending on municipality and energy rating). AIMI (Adicional ao IMI): additional 1% on total urban property value exceeding €600K (companies: 7.5% on value exceeding €2M). Property transfer tax (IMT): 0-8% on purchase price (progressive), plus 6.5% stamp duty (Imposto do Selo). IMT exemption for first-time buyers of properties ≤€316,272 (under certain conditions).