The Personal Income Tax Rate in Portugal stands at 48 percent.

Personal Income Tax Rate in Portugal averaged 43.32 percent from 1995 until 2019, reaching an all time high of 48 percent in 2013 and a record low of 40 percent in 1996. This page provides - Portugal Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Personal Income Tax Rate in Portugal is expected to be 48.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Portugal Personal Income Tax Rate is projected to trend around 48.00 percent in 2020, according to our econometric models.


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Portugal Personal Income Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
48.00 48.00 48.00 40.00 1995 - 2019 percent Yearly

Portugal Personal Income Tax Rate
In Portugal, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Portugal.

Portugal Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 21.00 21.00 55.10 21.00 percent [+]
Personal Income Tax Rate 48.00 48.00 48.00 40.00 percent [+]
Sales Tax Rate 23.00 23.00 23.00 17.00 percent [+]
Social Security Rate 34.75 34.75 35.50 10.50 percent [+]
Social Security Rate For Companies 23.75 23.75 24.50 23.75 percent [+]
Social Security Rate For Employees 11.00 11.00 11.00 10.50 percent [+]