ERE in Portugal
Jump to navigation Jump to search
The Portuguese tax system is going to change in the future. Possibly VAT in the autonomous areas will be the same as mainland.
Corporate Tax (IRC)
- Income <= 12500.00 EUR is taxed at 12.5%.
- Income > 12500.00 EUR is taxed at 25%.
Capital Gains Tax
Consumption Tax (IVA - Imposto Sobre Valor Acrescentado or VAT)
- 6% on basic essential stuff like Rice, Water, Pasta, etc.
- 13% at restaurants.
- 23% on everything else.
Madeira and Azores (autonomous areas)
- 4% on basic essential stuff like Rice, Water, Pasta, etc.
- 9% at restaurants.
- 16% on everything else.
Workers contributing to social security are eligible for the public health system.