Manage Payroll Tax in Portugal

Taxes in Portugal

Employer

23.75%

Social Security (with no upper ceiling)

0.39%

Work Accident Insurance

€600.00

Mandatory work from home allowance (Calculated on top of the base monthly pay at €50.00 per month)

€30.00

Mandatory Health check calculated on top of the base annual pay.

€14.40

Work Medicine (Calculated on top of the base monthly pay at €1.20 per month)

Employee

11%

Social Security

14.5%

Up to 7,479

21.0%

7,479 to 11,284

26.5%

11,284 to 15,992

28.5%

15,992 to 20,700

35.0%

20,700 to 26,355

37.0%

26,355 to 38,632

43.5%

38,632 to 50,483

45.0%

50,483 to 78,834

48.0%

78,834 and above

Portugal collects an additional solidarity rate between 2.5-5% on income that exceeds €80,000.