Individual - Other taxes

Last reviewed - 19 February 2024

Social security contributions


Social security contributions are shared by the employee and the employer. In general terms, the contributions are due on the employee’s gross remuneration at rates of 11% and 23.75% by the employee and the employer, respectively. These contributions cover family, pension, and unemployment benefits.

In addition to social security contributions at a general rate of 23.75%, employers must buy an insurance premium to cover occupational accidents. The premium varies according to work and risk classification.

Members of the board

Regarding members of the board, the social security rates correspond to 9.3% with respect to the individual contributions and 20.3% for employer contributions. However, the contribution rate applicable to members of statutory boards who are considered as managers or administrators is set at rates of 23.75% and 11% to employers and members of statutory boards, respectively. The contributions of members of statutory boards are based on their effective remuneration but subject to a monthly minimum income level of EUR 509.26.

Members of statutory boards who are considered as managers or administrators, and some types of self-employees, become entitled to protection in the event of unemployment.


The contributions rate applicable to self-employees corresponds to 21.4%. For self-employees under the simplified tax regime, the monthly contribution basis corresponds to 1/3 of the relevant remuneration determined in each reporting period and produces effects in that month and in the following two monthsFor the determination of the relevant remuneration of the self-employee, it is considered the income received in the three months previously to the reporting month. The relevant remuneration corresponds to 70% of the income from services rendered and to 20% of the income related to the production and sales of products. 

A 10% contribution rate is due by employers if 80% or more of the fees earned by the self-employee come from services for the same company, for the same person with a business activity, or to the same group. A 7% contribution rate is due by employers when the economic dependence of the self-employee varies between 50% and 80%. The contribution is payable upon the issue of a tax assessment by the social security authorities.

In 2024, the Portuguese monthly minimum wage is EUR 820.

Consumption taxes

Value-added tax (VAT)

There are three VAT rates: the standard rate of 23% (22% in the Autonomous Region of Madeira; 16% in the Autonomous Region of the Azores), the intermediate rate of 13% (12% in Madeira; 9% in the Azores), and the reduced rate of 6% (5% in Madeira; 4% in the Azores). See the Other taxes section in the Corporate tax summary for more information.

Net wealth/worth taxes

There are no net wealth/worth taxes in Portugal.

Inheritance and gift taxes

Free acquisition of goods by individuals (inheritance and gifts) is taxed under the stamp tax at 10%. 

Donation of property is subject to an additional rate of 0.8%.

Property taxes

Municipal property tax is charged on the registered value of real estate. See the Other taxes section in the Corporate tax summary for more information.