Taxes in Portugal: Complete Overview

The Portuguese tax system is different from the Netherlands. Here are the main taxes for emigrants:

IRS (Income Tax):

• Progressive brackets: 13.25% - 48%
• File before June 30
• Automatic pre-filling via e-Fatura

IMI (Property Tax):

• 0.3% - 0.8% of fiscal value
• Pay annually in 2 or 3 installments
• Exemption possible for primary residence

IUC (Vehicle Tax):

• €20-€500/year depending on age and type
• Pay via Multibanco or online

Stamp Duty (Imposto de Selo):

• 0.8% on bank accounts > €1000
• 0.8% on mortgage