{
  "slug": "income-tax-irs",
  "title": "Income Tax (IRS)",
  "description": "Portugal’s 2026 personal income tax (IRS): the nine mainland Art. 68.º brackets, filing window and mínimo de existência, the IFICI (“NHR 2.0”) regime, and the tax treatment of capital gains, crypto, dividends and interest — each figure dated and sourced to OE2026 and the CIRS.",
  "lastVerified": "2026-08-28",
  "url": "https://www.growinportugal.com/data/income-tax-irs",
  "sections": [
    {
      "id": "irs-brackets",
      "heading": "IRS Brackets 2026 — Mainland (CIRS Art. 68.º)",
      "facts": [
        {
          "id": "irs-bracket-1",
          "label": "Up to €8,342",
          "value": "12.50% marginal rate",
          "unit": "%",
          "legalRef": "CIRS Art. 68.º (red. Lei n.º 73-A/2025, OE2026)",
          "source": "https://diariodarepublica.pt/dr/detalhe/lei/73-a-2025",
          "sourceName": "Diário da República — Lei n.º 73-A/2025 (Orçamento do Estado 2026)",
          "lastVerified": "2026-08-28",
          "reviewCadence": "quarterly",
          "notes": "Mainland (continente) marginal rate. No abatement (parcela a abater) asserted."
        },
        {
          "id": "irs-bracket-2",
          "label": "€8,342 to €12,587",
          "value": "15.70% marginal rate",
          "unit": "%",
          "legalRef": "CIRS Art. 68.º (red. Lei n.º 73-A/2025, OE2026)",
          "source": "https://diariodarepublica.pt/dr/detalhe/lei/73-a-2025",
          "sourceName": "Diário da República — Lei n.º 73-A/2025 (Orçamento do Estado 2026)",
          "lastVerified": "2026-08-28",
          "reviewCadence": "quarterly",
          "notes": "Mainland marginal rate."
        },
        {
          "id": "irs-bracket-3",
          "label": "€12,587 to €17,838",
          "value": "21.20% marginal rate",
          "unit": "%",
          "legalRef": "CIRS Art. 68.º (red. Lei n.º 73-A/2025, OE2026)",
          "source": "https://diariodarepublica.pt/dr/detalhe/lei/73-a-2025",
          "sourceName": "Diário da República — Lei n.º 73-A/2025 (Orçamento do Estado 2026)",
          "lastVerified": "2026-08-28",
          "reviewCadence": "quarterly",
          "notes": "Mainland marginal rate."
        },
        {
          "id": "irs-bracket-4",
          "label": "€17,838 to €23,089",
          "value": "24.10% marginal rate",
          "unit": "%",
          "legalRef": "CIRS Art. 68.º (red. Lei n.º 73-A/2025, OE2026)",
          "source": "https://diariodarepublica.pt/dr/detalhe/lei/73-a-2025",
          "sourceName": "Diário da República — Lei n.º 73-A/2025 (Orçamento do Estado 2026)",
          "lastVerified": "2026-08-28",
          "reviewCadence": "quarterly",
          "notes": "Mainland marginal rate."
        },
        {
          "id": "irs-bracket-5",
          "label": "€23,089 to €29,397",
          "value": "31.10% marginal rate",
          "unit": "%",
          "legalRef": "CIRS Art. 68.º (red. Lei n.º 73-A/2025, OE2026)",
          "source": "https://diariodarepublica.pt/dr/detalhe/lei/73-a-2025",
          "sourceName": "Diário da República — Lei n.º 73-A/2025 (Orçamento do Estado 2026)",
          "lastVerified": "2026-08-28",
          "reviewCadence": "quarterly",
          "notes": "Mainland marginal rate."
        },
        {
          "id": "irs-bracket-6",
          "label": "€29,397 to €43,090",
          "value": "34.90% marginal rate",
          "unit": "%",
          "legalRef": "CIRS Art. 68.º (red. Lei n.º 73-A/2025, OE2026)",
          "source": "https://diariodarepublica.pt/dr/detalhe/lei/73-a-2025",
          "sourceName": "Diário da República — Lei n.º 73-A/2025 (Orçamento do Estado 2026)",
          "lastVerified": "2026-08-28",
          "reviewCadence": "quarterly",
          "notes": "Mainland marginal rate."
        },
        {
          "id": "irs-bracket-7",
          "label": "€43,090 to €46,566",
          "value": "43.10% marginal rate",
          "unit": "%",
          "legalRef": "CIRS Art. 68.º (red. Lei n.º 73-A/2025, OE2026)",
          "source": "https://diariodarepublica.pt/dr/detalhe/lei/73-a-2025",
          "sourceName": "Diário da República — Lei n.º 73-A/2025 (Orçamento do Estado 2026)",
          "lastVerified": "2026-08-28",
          "reviewCadence": "quarterly",
          "notes": "Mainland marginal rate."
        },
        {
          "id": "irs-bracket-8",
          "label": "€46,566 to €86,634",
          "value": "44.60% marginal rate",
          "unit": "%",
          "legalRef": "CIRS Art. 68.º (red. Lei n.º 73-A/2025, OE2026)",
          "source": "https://diariodarepublica.pt/dr/detalhe/lei/73-a-2025",
          "sourceName": "Diário da República — Lei n.º 73-A/2025 (Orçamento do Estado 2026)",
          "lastVerified": "2026-08-28",
          "reviewCadence": "quarterly",
          "notes": "Mainland marginal rate."
        },
        {
          "id": "irs-bracket-9",
          "label": "Over €86,634",
          "value": "48.00% marginal rate",
          "unit": "%",
          "legalRef": "CIRS Art. 68.º (red. Lei n.º 73-A/2025, OE2026)",
          "source": "https://diariodarepublica.pt/dr/detalhe/lei/73-a-2025",
          "sourceName": "Diário da República — Lei n.º 73-A/2025 (Orçamento do Estado 2026)",
          "lastVerified": "2026-08-28",
          "reviewCadence": "quarterly",
          "notes": "Mainland marginal rate. A solidarity surtax (taxa adicional de solidariedade, CIRS Art. 68.º-A) applies on top of these rates above €80,000 / €250,000 — see the \"IRS Solidarity Surtax\" facts."
        }
      ]
    },
    {
      "id": "irs-solidarity",
      "heading": "IRS Solidarity Surtax (CIRS Art. 68.º-A)",
      "facts": [
        {
          "id": "irs-solidarity-1",
          "label": "Solidarity surtax — taxable income €80,000 to €250,000",
          "value": "2.5% on the part of taxable income in this band",
          "unit": "%",
          "legalRef": "CIRS Art. 68.º-A n.º 1",
          "source": "https://info.portaldasfinancas.gov.pt/pt/informacao_fiscal/codigos_tributarios/cirs_rep/Pages/irs68a.aspx",
          "sourceName": "Autoridade Tributária — Portal das Finanças (Código do IRS)",
          "lastVerified": "2026-08-28",
          "reviewCadence": "quarterly",
          "notes": "Taxa adicional de solidariedade, charged on top of the Art. 68.º marginal rates. Applied to the portion of taxable income between €80,000 and €250,000."
        },
        {
          "id": "irs-solidarity-2",
          "label": "Solidarity surtax — taxable income over €250,000",
          "value": "5% on the part of taxable income above €250,000",
          "unit": "%",
          "legalRef": "CIRS Art. 68.º-A n.º 1",
          "source": "https://info.portaldasfinancas.gov.pt/pt/informacao_fiscal/codigos_tributarios/cirs_rep/Pages/irs68a.aspx",
          "sourceName": "Autoridade Tributária — Portal das Finanças (Código do IRS)",
          "lastVerified": "2026-08-28",
          "reviewCadence": "quarterly",
          "notes": "The 5% applies to the excess above €250,000; the €80,000–€250,000 band is taxed at 2.5%. In joint taxation the surtax is computed on half the taxable income and the result doubled (Art. 68.º-A n.º 2)."
        }
      ]
    },
    {
      "id": "irs-mechanics",
      "heading": "IRS Mechanics & 2026 Anchors",
      "facts": [
        {
          "id": "irs-ias-2026",
          "label": "IAS 2026 (Indexante dos Apoios Sociais)",
          "value": "€537.13 per month",
          "unit": "EUR",
          "legalRef": "OE2026 (Lei n.º 73-A/2025); IAS Portaria n.º 480-A/2025/1",
          "source": "https://diariodarepublica.pt/dr/detalhe/portaria/480-a-2025-993056222",
          "sourceName": "Diário da República — Portaria n.º 480-A/2025/1 (IAS 2026)",
          "lastVerified": "2026-08-28",
          "reviewCadence": "quarterly",
          "notes": "The IAS anchors several tax and social-security thresholds."
        },
        {
          "id": "irs-rmmg-2026",
          "label": "Minimum wage (RMMG) 2026 — mainland",
          "value": "€920.00 per month",
          "unit": "EUR",
          "legalRef": "OE2026 (Lei n.º 73-A/2025); Decreto-Lei n.º 139/2025",
          "source": "https://diariodarepublica.pt/dr/detalhe/lei/73-a-2025",
          "sourceName": "Diário da República — Lei n.º 73-A/2025 (Orçamento do Estado 2026)",
          "lastVerified": "2026-08-28",
          "reviewCadence": "quarterly"
        },
        {
          "id": "irs-filing-window",
          "label": "IRS filing window — Modelo 3 (2025 income)",
          "value": "1 April to 30 June 2026",
          "legalRef": "CIRS Art. 60.º",
          "source": "https://info.portaldasfinancas.gov.pt/pt/apoio_contribuinte/calendario_fiscal/Pages/obrigacoes.aspx",
          "sourceName": "Portal das Finanças — Calendário fiscal / obrigações",
          "lastVerified": "2026-08-28",
          "reviewCadence": "quarterly",
          "notes": "Annual return (Modelo 3) for income earned in 2025, filed in 2026."
        },
        {
          "id": "irs-minimo-existencia",
          "label": "Mínimo de existência 2026 (minimum-existence threshold)",
          "value": "€12,880",
          "unit": "EUR",
          "legalRef": "CIRS Art. 70.º (red. Lei n.º 73-A/2025, OE2026)",
          "source": "https://diariodarepublica.pt/dr/detalhe/lei/73-a-2025",
          "sourceName": "Diário da República — Lei n.º 73-A/2025 (Orçamento do Estado 2026)",
          "lastVerified": "2026-08-28",
          "reviewCadence": "quarterly",
          "notes": "Income up to this level is effectively shielded from IRS. Source: Portal das Finanças + OCC OE2026."
        },
        {
          "id": "irs-cat-a-specific-deduction",
          "label": "Category A (employment) — specific deduction",
          "value": "8.54 × IAS = €4,587.09 (2026)",
          "unit": "EUR",
          "legalRef": "CIRS Art. 25.º n.º 1 al. a) (red. Lei n.º 45-A/2024)",
          "source": "https://info.portaldasfinancas.gov.pt/pt/informacao_fiscal/codigos_tributarios/cirs_rep/Pages/irs25.aspx",
          "sourceName": "Autoridade Tributária — Portal das Finanças (Código do IRS)",
          "lastVerified": "2026-08-28",
          "reviewCadence": "quarterly",
          "notes": "The minimum specific deduction from gross Category A income. Since Lei n.º 45-A/2024 (OE2025) it is indexed to 8.54 × IAS, replacing the former fixed €4,104 (2015–2024). With IAS 2026 (€537.13) that is €4,587.09; for the 2026 return on 2025 income the applicable figure is 8.54 × IAS 2025 = €4,462.15. Where mandatory social-security contributions exceed this amount, the deduction equals the full contributions (Art. 25.º n.º 2)."
        },
        {
          "id": "irs-jovem-ceiling",
          "label": "IRS Jovem — annual exemption ceiling (2026)",
          "value": "55 × IAS = €29,542.15 per year",
          "unit": "EUR",
          "legalRef": "CIRS Art. 12.º-B",
          "source": "https://info.portaldasfinancas.gov.pt/pt/informacao_fiscal/codigos_tributarios/cirs_rep/Pages/irs12b.aspx",
          "sourceName": "Autoridade Tributária — Portal das Finanças (Código do IRS)",
          "lastVerified": "2026-08-28",
          "reviewCadence": "quarterly",
          "notes": "Young-worker regime (rendimentos das categorias A e B). The exempt income is capped at 55 × IAS; with IAS 2026 (€537.13) that is €29,542.15. Applies to taxpayers up to 35 years old who are not dependents."
        },
        {
          "id": "irs-jovem-schedule",
          "label": "IRS Jovem — exemption schedule (10 years)",
          "value": "100% in year 1; 75% in years 2–4; 50% in years 5–7; 25% in years 8–10",
          "unit": "%",
          "legalRef": "CIRS Art. 12.º-B",
          "source": "https://info.portaldasfinancas.gov.pt/pt/informacao_fiscal/codigos_tributarios/cirs_rep/Pages/irs12b.aspx",
          "sourceName": "Autoridade Tributária — Portal das Finanças (Código do IRS)",
          "lastVerified": "2026-08-28",
          "reviewCadence": "quarterly",
          "notes": "The benefit runs for 10 years of obtaining income (up to age 35), each year subject to the 55 × IAS ceiling. This is the schedule in force since the OE2025 reform (Lei n.º 45-A/2024)."
        },
        {
          "id": "irs-meal-allowance",
          "label": "Meal allowance (subsídio de refeição) — daily IRS-exempt limit (2026)",
          "value": "€6.15/day in cash · €10.46/day via meal card or voucher",
          "unit": "EUR",
          "legalRef": "CIRS Art. 2.º-A n.º 1 al. b)",
          "source": "https://diariodarepublica.pt/dr/legislacao-consolidada/decreto-lei/1988-34523375",
          "sourceName": "Diário da República — Código do IRS (texto consolidado)",
          "lastVerified": "2026-08-28",
          "reviewCadence": "quarterly",
          "notes": "The cash limit equals the public-administration meal-subsidy reference value, set at €6.15 for 2026 (Acordo Plurianual 2026–2029). When paid via meal card/voucher the exempt limit is that value + 70% = €10.46. Amounts above the limit are taxed as Category A income and subject to social-security contributions."
        }
      ]
    },
    {
      "id": "ifici",
      "heading": "IFICI — “NHR 2.0” Regime (EBF Art. 58.º-A)",
      "facts": [
        {
          "id": "ifici-flat-rate",
          "label": "IFICI — IRS rate on eligible PT-source income",
          "value": "20% flat IRS rate on eligible Portugal-source Category A (employment) and Category B (self-employment) income",
          "unit": "%",
          "legalRef": "EBF Art. 58.º-A; Portaria n.º 352/2024/1",
          "source": "https://info.portaldasfinancas.gov.pt/pt/apoio_contribuinte/questoes_frequentes/pages/faqs-01018.aspx",
          "sourceName": "Autoridade Tributária — IFICI FAQ (Portal das Finanças)",
          "lastVerified": "2026-08-28",
          "reviewCadence": "quarterly"
        },
        {
          "id": "ifici-foreign-income",
          "label": "IFICI — foreign-source income",
          "value": "Foreign-source income is generally IRS-exempt, EXCEPT foreign pensions (Category H), which are taxed normally",
          "legalRef": "EBF Art. 58.º-A; Portaria n.º 352/2024/1",
          "source": "https://info.portaldasfinancas.gov.pt/pt/apoio_contribuinte/questoes_frequentes/pages/faqs-01018.aspx",
          "sourceName": "Autoridade Tributária — IFICI FAQ (Portal das Finanças)",
          "lastVerified": "2026-08-28",
          "reviewCadence": "quarterly"
        },
        {
          "id": "ifici-blacklist-rate",
          "label": "IFICI — blacklisted-jurisdiction income",
          "value": "35% rate on income sourced from blacklisted jurisdictions",
          "unit": "%",
          "legalRef": "EBF Art. 58.º-A",
          "source": "https://info.portaldasfinancas.gov.pt/pt/apoio_contribuinte/questoes_frequentes/pages/faqs-01018.aspx",
          "sourceName": "Autoridade Tributária — IFICI FAQ (Portal das Finanças)",
          "lastVerified": "2026-08-28",
          "reviewCadence": "quarterly"
        },
        {
          "id": "ifici-duration",
          "label": "IFICI — duration",
          "value": "10 consecutive years",
          "legalRef": "EBF Art. 58.º-A",
          "source": "https://info.portaldasfinancas.gov.pt/pt/apoio_contribuinte/questoes_frequentes/pages/faqs-01018.aspx",
          "sourceName": "Autoridade Tributária — IFICI FAQ (Portal das Finanças)",
          "lastVerified": "2026-08-28",
          "reviewCadence": "quarterly"
        },
        {
          "id": "ifici-eligibility",
          "label": "IFICI — entrant eligibility",
          "value": "The applicant must not have been a Portuguese tax resident in any of the prior 5 years, and must not have previously benefited from the NHR or IFICI regimes",
          "legalRef": "EBF Art. 58.º-A; Portaria n.º 352/2024/1",
          "source": "https://diariodarepublica.pt/dr/detalhe/portaria/352-2024-901014291",
          "sourceName": "Diário da República — Portaria n.º 352/2024/1 (IFICI)",
          "lastVerified": "2026-08-28",
          "reviewCadence": "quarterly"
        }
      ]
    },
    {
      "id": "capital-gains",
      "heading": "Capital Gains — Real Estate, Securities & Crypto (CIRS)",
      "facts": [
        {
          "id": "cg-real-estate",
          "label": "Capital gains — real estate",
          "value": "50% of the gain is included in taxable income and taxed at the Art. 68.º marginal rates; a full exemption applies on reinvestment of a main-home (own-home) sale",
          "legalRef": "CIRS Art. 43.º n.º 2; Art. 10.º n.º 5",
          "source": "https://diariodarepublica.pt/dr/legislacao-consolidada/decreto-lei/1988-34523375",
          "sourceName": "Diário da República — Código do IRS (texto consolidado)",
          "lastVerified": "2026-08-28",
          "reviewCadence": "quarterly"
        },
        {
          "id": "cg-securities",
          "label": "Capital gains — securities",
          "value": "28% autonomous (flat) rate; aggregation with other income is optional",
          "unit": "%",
          "legalRef": "CIRS Art. 72.º",
          "source": "https://diariodarepublica.pt/dr/legislacao-consolidada/decreto-lei/1988-34523375",
          "sourceName": "Diário da República — Código do IRS (texto consolidado)",
          "lastVerified": "2026-08-28",
          "reviewCadence": "quarterly"
        },
        {
          "id": "cg-crypto",
          "label": "Capital gains — crypto assets",
          "value": "Held under 365 days: taxable at 28%. Held 365 days or more: exempt (for non-professional holders)",
          "unit": "%",
          "legalRef": "CIRS Art. 10.º al. k); Art. 72.º",
          "source": "https://diariodarepublica.pt/dr/legislacao-consolidada/decreto-lei/1988-34523375",
          "sourceName": "Diário da República — Código do IRS (texto consolidado)",
          "lastVerified": "2026-08-28",
          "reviewCadence": "quarterly",
          "notes": "The 365-day exemption applies to non-professional activity; professional/business crypto activity is taxed under Category B."
        },
        {
          "id": "cg-devaluation-coefficient",
          "label": "Capital gains — currency-devaluation coefficient (mechanism)",
          "value": "When the asset has been held for more than 24 months, the acquisition value is multiplied by a currency-devaluation coefficient (coeficiente de desvalorização da moeda) before the gain is computed. The coefficients are set annually by a Ministry of Finance Portaria.",
          "legalRef": "CIRS Art. 50.º",
          "source": "https://diariodarepublica.pt/dr/detalhe/portaria/382-2025-945460818",
          "sourceName": "Diário da República — Portaria n.º 382/2025/1 (coeficientes de desvalorização da moeda)",
          "lastVerified": "2026-08-28",
          "reviewCadence": "quarterly",
          "notes": "Mechanism only — no specific coefficient is asserted here, as the table is republished each year by Portaria (most recently Portaria n.º 382/2025/1, de 11 de novembro, for assets disposed of in 2025). The correction applies to real estate and certain other assets/rights held for more than two years (24 months) from acquisition to realisation."
        }
      ]
    },
    {
      "id": "investment-income",
      "heading": "Investment Income — Dividends & Interest (CIRS)",
      "facts": [
        {
          "id": "inv-dividends-interest",
          "label": "Investment income — dividends & interest",
          "value": "28% withholding tax (taxa liberatória); aggregation with other income is optional",
          "unit": "%",
          "legalRef": "CIRS Art. 71.º",
          "source": "https://diariodarepublica.pt/dr/legislacao-consolidada/decreto-lei/1988-34523375",
          "sourceName": "Diário da República — Código do IRS (texto consolidado)",
          "lastVerified": "2026-08-28",
          "reviewCadence": "quarterly",
          "notes": "If aggregation is elected, only 50% of dividends from Portuguese / EU companies is taxed (CIRS Art. 40.º-A)."
        },
        {
          "id": "inv-blacklist",
          "label": "Investment income — blacklisted jurisdictions",
          "value": "35% rate on income paid through / sourced from blacklisted jurisdictions",
          "unit": "%",
          "legalRef": "CIRS Art. 71.º",
          "source": "https://diariodarepublica.pt/dr/legislacao-consolidada/decreto-lei/1988-34523375",
          "sourceName": "Diário da República — Código do IRS (texto consolidado)",
          "lastVerified": "2026-08-28",
          "reviewCadence": "quarterly"
        }
      ]
    }
  ]
}