Portugal
Taxation in Portugal
Portugal Business Experts
Recent forum posts
-
CIPD Assignment Help
Writing assignments paper a students must be good at writing to achieve the best grades in educational career. Some students are searching for custom writer who can write and edit assignments. Then the online CIPD assignment help service is the best place to order writing services. Students struggle a lot in their study and complete their assignments and cleared all exams. After this whole struggl
Total Posts: 3 Last post by JackyShine
-
Human Resource Assignment Help
Looking for top-notch Human Resource assignment help? Look no further than MyAssignmentHelp.co.uk! Our platform offers comprehensive assistance tailored to your HR needs. Whether you're tackling topics like recruitment, employee training, performance evaluation, or organizational behavior, our expert team is here to guide you
Total Posts: 3 Last post by JackyShine
Taxation in Portugal
Income Tax
The income taxation rate in Portugal is progressive. Exemptions are permitted to those workers with a specific income.
All figures are in Euros
- Up to 4,793 11,08% -
- Over 4,793 until 7,250 13,58%
- More than 7,250 until 17 979 24,08%
- More than 17,979 up to 41,349 34,88%
- More than 41,349 until 59,926 37,38%
- More than 59,926 up to 64,623 40,88%
- More than 64,623 up to 150,000 42,88%
- More than 150,000 45,88%
Corporate Tax
The average set rate for corporate tax is 25%. A local tax is usually charged at a rate of 1.5%, bringing the total to 26.5%. Companies operating in the free trade zones of the Azures or Madeira are eligible for tax reductions depending on the type of business they run and the year in which the business was established.
VAT in Portugal
VAT in Portugal is 23% with a reduced rate of 6% - 13%
Organisations that can assist with Taxation
-
> Accounting Advantage Lda
A complete service with everything you need to start and develop your business
