Portugal IRS tax rates in 2026
| Annual taxable income | Rate |
|---|---|
| Up to €8,342.00 | 12.5% |
| €8,342.00 – €12,587.00 | 15.7% |
| €12,587.00 – €17,838.00 | 21.2% |
| €17,838.00 – €23,089.00 | 24.1% |
| €23,089.00 – €29,397.00 | 31.1% |
| €29,397.00 – €43,090.00 | 34.9% |
| €43,090.00 – €46,566.00 | 43.1% |
| €46,566.00 – €86,634.00 | 44.6% |
| Above €86,634.00 | 48% |
| Employee social security | 11% |
| Specific employment deduction | €4,587.09 or contributions if higher |
| Assumed general-expense credit | €250.00 |
| Additional solidarity surcharge | 2.5% / 5% |
Diário da República · Portal das Finanças · PwC
Update note: on 9 October 2026, Parliament approved a retroactive reduction in the first six IRS brackets for 2026 income. As of 19 October, the amending law had not yet been published; this calculator uses the schedule then published in law and may need updating.