Module: PYPT | Molga: 13 | Currency: EUR | Region: Europe
Field | Detail |
Statutory | SS (11% EE + 23.75% ER), IRS retenção, Subsídio férias/Natal |
Tax | Progressive IRS 13.25–48% |
Key Feature | Subsídio de Férias/Natal (14th Month Pay) & SS Returns |
Pay Frequency | Monthly |
Banks | Caixa Geral de Depósitos, Millennium BCP, BPI |
Portugal-Specific Highlights
14-Month Salary System:
- Holiday subsidy (Subsídio de Férias): paid with June/July payroll (full monthly salary)
- Christmas subsidy (Subsídio de Natal): paid December (full monthly salary)
- Total annual compensation = 14 months
Segurança Social (SS):
- EE: 11% on gross salary
- ER: 23.75% (standard); reduced rates for young workers, long-term unemployed
- TSU (Taxa Social Única): combined EE+ER declaration to ISS
Chapter 5.5: DMR (Declaração Mensal de Remunerações): monthly SS and IRS declaration via Portal das Finanças; IRS retenção na fonte (withholding): monthly tables from AT; Recibo de vencimento (payslip): legally required content; AT (Autoridade Tributária): annual income declaration model 10; Subsídio de Alimentação: meal allowance EUR 7.63/day tax-exempt