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Portugal Sets Specific Withholding Tax Tables for Employment and Pension Income in Second Half of 2023

02 May 2023

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Approved Changes

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Portugal

Portugal has published Order No. 4930/2023 of 26 April 2023, which approves changes in the specific withholding tax tables for monthly income from dependent work (employment) and pension income for the second half of 2023, i.e., from July to December 2023. As previously reported, Order No. 14043-B/2022 was published in December 2022, providing the specific withholding tax tables for the second half of 2023, including separate tables for single individuals, married individuals, disabled individuals, etc., taking into account a new model of withholding tables that will come into force on 1 July 2023. Order No. 4930/2023 provides for an additional...