Taxation in Portugal 2022
Taxes on Personal Income
Residents in Portugal are taxed on their worldwide income at progressive rates varying from 14.5% to 48%. The progressive tax brackets are the following (source):
An additional solidarity surcharge also applies (2.5 percent on the taxable income between EUR80,000 and EUR250,000 and 5 percent on the taxable income exceeding EUR250,000).
For each bracket there is a maximum deductible amount that lowers your taxa…