The deadline for settling the Additional Municipal Property Tax (AIMI) began in September and runs until the end of the month. This tax applies only to properties with a high Taxable Property Value (VPT), with differentiated rates depending on the VPT amount and the taxpayer’s status.
Ordinance No. 289/2025/1, dated 1 September, updates the instructions for the Monthly Remuneration Declaration (DMR), effective from 1 January 2025. These revisions reflect changes to the Young IRS regime and the taxation of bonuses, profit-sharing, and balance gratifications.
SAP is one of the most widely used management software solutions globally. However, when implemented by Portuguese companies, it presents specific challenges for external accountants. This article explores the role of certified accountants in SAP-based accounting, operational difficulties, and the added value they bring to companies.
The Government recently announced the implementation of new IRS withholding tables, which promise to bring significant changes to Portuguese taxpayers.
1. Introduction to the New Regulatory Framework
The Directive CSRD (Corporate Sustainability Reporting Directive) requires European companies, including some SMEs that are part of supply chains or have access to international markets, to present integrated reports based on the ESRS standards. These standards are equivalent to IFRS S1 (sustainability-related disclosures) and IFRS S2 (climate-related disclosures). The standards will come into force in stages from 2025–2026 for larger companies, gradually extending to smaller entities.
With the entry into force of the new Special VAT Exemption Scheme (REI), amended by Decree-Law no. 35/2025, taxpayers under this regime must closely monitor their turnover. If they exceed €15,000 in the previous calendar year, they will be mandatorily subject to the normal VAT regime from 1 January of the following year..
In Portugal, VAT-registered businesses are required to comply with strict invoicing rules, including the mandatory use of invoicing software certified by the Portuguese Tax and Customs Authority (AT). This article outlines the legal framework, purpose of the requirement, and consequences of non-compliance.
When shareholders need to strengthen a company’s financial position, they typically consider shareholder loans or supplementary contributions. This article explains the key differences between these two methods and highlights the advantages of supplementary contributions under Portuguese law.
Plug-in hybrid vehicles (PHEVs) benefit from substantial tax advantages in Portugal. This article outlines the eligibility criteria and applicable tax benefits under the current Portuguese tax legislation.
The dissolution of a company in Portugal involves fulfilling various accounting and tax obligations to legally cease business activities. This article outlines the essential accounting and tax steps, deadlines, and legal requirements to ensure a compliant closure process.
The tax regime of incentive to capitalization of companies (ICE) was created by article 251 of the State Budget Law for 2023 (Law no 24-D/2022, of 30 December), through the addition to the Statute of Tax Benefits (EBF) of article 43-D.
Subsequently, this rule was amended by Article 5 of Law 20/2023 of 17 May.
Both Law 24-D/2022 of 30 December and, subsequently, Law 20/2023 of 17 May established transitional regimes for the ECI in Articles 252 and 12 respectively.
This tax benefit replaced two other schemes, the Conventional Capital Remuneration (RCCS) and the Deduction for Retained and Reinvested Profits (DLRR), since it compensates companies that promote the reinforcement of equity capital, and which had positive results in the previous year and did not distribute them.
Modelo 22 is one of the key tax obligations for companies in Portugal and includes the assessment of Corporate Income Tax (IRC) and its related surcharges. Among these, the municipal surtax (derrama) is particularly relevant for companies with operations in multiple municipalities. This article clearly explains how to calculate this surtax, based on legal principles and the proper completion of the tax return.
Income tax withholding rates applicable to employees in Portugal depend on a range of legal and personal factors that must be carefully considered by employers. This article outlines the key elements that influence these rates.
The IRS (Personal Income Tax) adjustment is an annual process that reconciles tax withheld at source during the year with the amount dueThe IRS (Personal Income Tax) adjustment is an annual process that reconciles tax withheld at source during the year with the amount due.
In the context of developing a business/commercial activity, it is common for companies to go through periods of reduced cash liquidity. In cash flow management, if there are difficulties in paying VAT, the Complementary VAT Deferral Scheme can be used, allowing the payment to be split into up to 3 instalments without penalties.
| Lisbon | Porto | ||
 |  | ||
Av. Duque d´ Ávila, 141 - 1º Esqº 1050-081 Lisbon (Portugal) (+351) 210 539 673 (+351) 210 539 689 | Rua Julio Dinis 204 - Off 315 4050-318 Porto (Portugal) (+351) 220 437 907 |
