portugal social security contributions

googletag.defineSlot('/1015136/Mobile_Leaderboard', [320, 50], 'div-gpt-ad-1319640445841-6').setCollapseEmptyDiv(true).addService(googletag.pubads()); googletag.defineSlot('/1015136/MPU1_300x250', [300, 250], 'div-gpt-ad-1319640445841-3').setCollapseEmptyDiv(true).addService(googletag.pubads()); The contribution rate applicable to these MGB is set at a rate of 34.75%, 23.75% and 11% to employers and MGB, respectively. '&l='+l:'';j.async=true;j.src= googletag.cmd = googletag.cmd || []; When working or living abroad, you will have social security … For company directors, there’s a monthly salary cap equal to 12 times the Portuguese minimum monthly wage (€348.01 in 2002), i.e. The Social Security Rate For Employees in Portugal stands at 11 percent. Current laws: 1991 (social assistance), 1994 (social security), 2009 (social assistance), 2011 (social security), 2013 (early and partial retirement), 2013 (sustainability factor and indexation), and 2015 (social security). (function(w,d,s,l,i){w[l]=w[l]||[];w[l].push({'gtm.start': 800-290 029) and a comprehensive website (in Portuguese only), which includes downloadable documents and forms (www.seg-social.pt ). Portugal has reciprocal social security agreements with all EU countries plus Andorra, Argentina, Australia, Brazil, Cabo Verde, Canada, Iceland, Norway, Switzerland, Turkey, Uruguay, the USA and Venezuela. Foreign nationals who have at least six months of tax contributions registered with Finanças in Portugal may also apply for a NISS. From 2014, the members of the governing board (MJG) are liable to social security contributions on the remuneration earned in any of the entities where they are members of the board without any maximum limit. Both employers and employees must register and make contributions. PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Social Security in Portugal. Self-employed individuals may choose to pay contributions under the mandatory regime (25.4 per cent) or under an enlarged regime (32 per cent). 116/2001, Adminstrative arrangement: Decree nr. (3) The exemption is applicable in the follow situations: you must have contributed for 40 years to avoid a pension rebate). Portugal (Updated 2020) Sometime in your life you may be in need of the support provided by social security benefits. en Social security contributions due up to 30.6.2003 to be paid in instalments. 241/2011, Adminstrative arrangement: Notice nr. (3) The Convention only be effective between those States when the Implementing Agreement enters into force for those States. The Welfare Subsystem, which is a contributory scheme, covers most employees or similar workers and also the self-employed (although the latter are subject to special conditions). all remuneration, including payments in cash or kind, e.g. Companies also must make contributions for the members of their corporate boards. 3/2012, Additional Contribution for Excessive Rotation. 30/99, Adminstrative arrangement: Notice nr. First law: 1919. However, once the exemption period has elapsed, employees must pay social security contributions in Portugal. 127/2010, Adminstrative arrangement: Notice nr. } googletag.enableServices(); Old Age, Disability, and Survivors Regulatory Framework. (9) These are funds that ensure the employee’s entitlement to receive half of the termination payment amount. googletag.pubads().setTargeting("URL", "Social-Security"); switch to the social security system of your host country and pay contributions there or; apply for an extension of your social security cover and remain covered in your home country. In Portugal, salary is multiplied by 14 months (the 12 months in the year, the holiday pay and the Christmas bonus, each equivalent to a… All compulsory social security contributions are tax deductible. You may only submit the request if the Segurança Social (Social Security) is not directly aware of the elements necessary for the attribution of the exemption for the payment of contributions. Social security contributions are due on the remuneration obtained by: employees; board members; self-employed workers. RC3001-DGSS, together with the proof of monthly remuneration, if the self-employed worker is included in another social protection system. In cases that the amount of rendered services represents more than 80%, the contribution rate is 10%. The Institute for Social Security in Portugal is the gateway to the labour market. If you are living in the country where you were born and satisfy the qualifying conditions, you will be entitled to receive support. pt Pagamento escalonado das contribuições para a segurança social devidas até 30.6.2003. en The Agreement of # April # on the collection and recovery of social security contributions. (5) This Convention is only in force in Bolivia, Brazil, Chile, Ecuador, El Salvador, Spain, Paraguay, Uruguay and Portugal. googletag.defineSlot('/1015136/MPU4_300x250', [300, 250], 'div-gpt-ad-1319640445841-8').setCollapseEmptyDiv(true).addService(googletag.pubads()); window.cookieconsent_options = { 228/2003, Adminstrative arrangement: Notice nr. Indeed, a new mandatory quarterly declaration must be sent to the social security system in January, April, July and October, thus making it possible to calculate the amount of the contributions that the freelance must pay. Social security contributions They include: unemployment insurance benefits and supplements, accident, injury and sickness benefits, old-age, disability and survivors' pensions, family allowances, reimbursements for medical and hospital expenses or provision of hospital or medical services. If you are living in the country where you were born and satisfy the qualifying conditions, you will be entitled to receive support. The most important revenue sources include the income tax, social security contributions, corporate tax and the value added tax, which are all applied at the national level. // = 1200) { Indemnity for the termination of the labour contract. Portugal: Social security contributions to be cut to help companies. Subsidy for the employees’ family expenses. }; The general rate is 30.3%, which is applied on a monthly social security contribution base of between EUR 944.40 and EUR 4,070.10. Type of program: Social insurance and social assistance system. Both employers and workers have to pay social security contributions. In all the above situations, this benefit should have a general character. However, those aged under 55 may choose to pay social security contributions based on their actual gross salary, if it exceeds the above limit. (10) Additional contribution due to excessive labour rotation applicable to employers that exceed the annual average of fixed-term contracts index for each sector, regardless of their nature and purpose (this contribution will be applicable from January 1, 2020, onwards). 119 CIRS) Daily allowances (up to the limits applicable for Portuguese personal income tax purposes). 1.6 Social security contributions The Portuguese social security system is financed by contributions of both employers and employees. Sickness benefit contributions. Under specific circumstances for persons of 47 years of age, the social security contribution base cannot be higher than EUR 2,077.80 per month. Portugal: Postponement of Social Security Contributions Due in November and December 2020 This is an exceptional and temporary measure related to the Covid-19 pandemic Decree-Law no. "domain": "justlanded.com", Do you have any comments, updates or questions on this topic? [CDATA[ (2) Exemption for a period of 3 years. Thus, citizens can open a freelance activity and issue recibo verde until they have accumulated the time necessary to apply for a social security number for foreigners. Employers are required to contribute 23.75% for employment contracts. j=d.createElement(s),dl=l!='dataLayer'? Social security contributions are payable on the following: The following kinds of income are exempt from social security contributions: Employees’ contributions are based on their actual monthly income (i.e. 96/2010, Adminstrative arrangement: Notice nr. oj4. Self-employed persons pay contributions themselves. Employer rate (plus a professional contingency rate depending on the company activities) is 29.9 percent plus a percentage to cover labor accidents and illness (percentage depends on the activities) and employee rate (indefinite contracts) is 6.35 percent. EurLex-2. This exemption may be extended for a further year and in certain circumstances a five-year exemption may be granted. (2) While employed workers’ contributions are topped up by payments from their employers, those who are self-employed have to pay the full contribution themselves. (7) May continue to make contributions in Portugal. // ]]> In addition, social security agreements may “totalise” your periods of contributions or residence in Portugal and in your home country. Voluntary registration can also be made by those who aren’t required to register. This obligation is only applicable with respect to self-employee’s that has the obligation to contribute to the social security as such and with respect to self-employee’s with an annual income above 6 x IAS (€ 2,573.40). EU Social Security Survey EU Social Security Survey EUR 100,00 per annum EUR 50,000 per annum EUR 25,000 per annum Average national salary per annum Minimal national salary per annum 0 20,000 40,000 60,000 80,000 100,000 120,000 140,000 Czech Republic 2016 Net Income of EE (gross – tax – ee soc) Tax Employee* Employer* Social Security benefits only apply to Portuguese nationals, qualifying European Union nationals, and those legally resident in Portugal as well as their spouses and dependents. ", Type of program: Social insurance and social … Social security benefits depend on the social security contributions paid. In case there is no social pass, it should be considered the value of the social pass that the employee would hypothetically pay for the utilization of collective transportation. googletag.defineSlot('/1015136/MPU2_300x250', [300, 250], 'div-gpt-ad-1319640445841-4').setCollapseEmptyDiv(true).addService(googletag.pubads()); googletag.pubads().setTargeting("Channel", "Business"); A social security cover extension is granted if a mutual agreement between the countries involved in your posting is reached and if the extension is in your interest. Since 1 January 2019 there has been a new reporting obligation for self-employed persons in Portugal. Reporting Tax in Portugal. The 25.4 per cent rate is for compulsory cover only (retirement, disability, death and old age, maternity, paternity and adoption) while the 32 per cent rate includes compulsory cover plus ‘professional’ sickness, illness subsidies and other family benefits (calculated on the adopted income basis). googletag.defineSlot('/1015136/Ribbon_990x45_NoAdsense', [990, 45], 'div-gpt-ad-1319640445841-2').setCollapseEmptyDiv(true).addService(googletag.pubads()); Social security contributions are compulsory payments paid to general government that confer entitlement to receive a (contingent) future social benefit. var child = document.getElementById("recaptcha_error"); Social protection granted to self-employees who are entrepreneurs and owners of Individual Establishment of Limited Responsibility shall include the right to protection in the event of unemployment. As a general rule, the employer pays the entire amount and deducts the worker’s share from his/her pay. new Date().getTime(),event:'gtm.js'});var f=d.getElementsByTagName(s)[0], googletag.cmd.push(function() { Employees from the above countries who are transferred to Portugal for a limited period only and who continue to contribute to their home country’s social security scheme, are exempt from paying contributions in Portugal for a period of one year. "link": "https://www.justlanded.com/english/Common/Footer/Terms-Conditions/How-we-secure-your-personal-data-at-Just-Landed", The Social Security Rate For Employees in Portugal stands at 11 percent. Social Security in Portugal The Portuguese Social Security program provides benefits paid by contributions by the employer and employee, by the self-employed, and in specific cases by those that wish to enroll in the system. Old Age, Disability, and Survivors Regulatory Framework. Employees from countries with which Portugal has signed a Convention on Social Security, working temporarily in Portugal, may obtain exemption from the payment of contributions in Portugal. Employer contributions cover work-related accidents and occupational illness. (1) Profit distributions. 379/2007, Adminstrative arrangement: Notice nr. Reciprocal Social Security Agreements. (2) Applicable to Switzerland, Lichtenstein, Norway and Iceland. You may only submit the request if the Segurança Social (Social Security) is not directly aware of the elements necessary for the attribution of the exemption for the payment of contributions. As a general rule, the employer pays the entire amount and deducts the worker’s share from his/her pay. Members of the governing board who perform management or administration functions are entitled to protection in the event of unemployment. Check which country's social security contributions you must pay if you're a worker from the UK working in the EU, Norway, Iceland, Switzerland or Liechtenstein. (7) May continue to make contributions in Portugal. These agreements allow for social security contributions paid in one country to be taken into account under the social security schemes of another country. Handicapped with undetermined term labour contract (1). Taxes in Portugal are levied by both the national and regional governments of Portugal. ", googletag.defineSlot('/1015136/MPU1_300x250', [300, 250], 'div-gpt-ad-1319640445841-3').setCollapseEmptyDiv(true).addService(googletag.pubads()); 'https://www.googletagmanager.com/gtm.js?id='+i+dl;f.parentNode.insertBefore(j,f); if (typeof(child) != 'undefined' && child != null) parent.removeChild(child); An employer must notify the Portuguese social security authorities of the commencement of work of an employee and deduct contributions from his gross salary and make payments to the authorities by the 15th of the following month. From 2014, the members of the governing board (MJG) are liable to social security contributions on the remuneration earned in any of the entities where they are members of the board without any maximum limit. } Current laws: 1980 (noncontributory scheme); 1980 (social pension); 1990 (survivor pension); 1994 (survivor benefits); 2007 (general scheme); 2007 (social security system); 2009 (disability); and 2009, 2010, and 2011 (contributory schemes). This contribution has no ceiling. else if ((width < 1200) && (width >= 768)) { Portugal has reciprocal social security agreements with all EU countries plus Andorra, Argentina, Australia, Brazil, Cabo Verde, Canada, Iceland, Norway, Switzerland, Turkey, Uruguay, the USA and Venezuela. Learn about your legal duties towards the Institute for Social Security in Portugal, the contributions you need to … Social Security in Portugal: all you need to know. var parent = document.getElementById("tipafriend"); Reporting Tax in Portugal. The tax rate over personal income in 2015 (tax return 2016) was the following: To explain how to calculate the Portuguese personal income tax, I’m going to give you the example of a single person, without children, that earns 1500 € monthly of gross salary as an employee.    By the termination of the employment contract prior to the end date, in case of labour contract with a term. First law: 1935 (1919 legislation not implemented). European Union Member States, EEA and Switzerland, Adminstrative arrangement: Notice nr. (3) 50% reduction of the contribution due by employers for a maximum period of 5 (young people looking for first job) or 3 years (long-term unemployment), under certain conditions and requirements. Which country you're covered by depends on 2 factors:. Social Security Rate For Employees in Portugal averaged 10.98 percent from 1981 until 2020, reaching an all time high of 11 percent in 1990 and a record low of 10.50 percent in 1981.    By collective dismissals, by the elimination of the position; by inability of the worker to perform the job; by expiry of the work contract; by termination by the employer or in lieu of notice; All rights reserved. Social Security in Portugal. Contributions are made by both employer and employee. The Portuguese government has suspended the payment of companies’ social security contribution payments called the Single Social Tax (TSU) scheduled for Friday 20th, so they do not have to make the payment on this date, Ministry … Its aim is to provide financial support to workers who lose their employment income in the following circumstances: sickness; maternity, paternity and adoption; unemployment; occupational diseases; invalidity; old age; and deat… Both employers and workers have to pay social security contributions. Monthly social security contributions are to be submitted by the 10th and are to be paid until 20th of the following month. They include: unemployment insurance benefits and supplements, accident, injury and sickness benefits, old-age, disability and survivors' pensions, family allowances, reimbursements for medical and hospital expenses or provision of … var googletag = googletag || {}; googletag.defineSlot('/1015136/MPU2_300x250', [300, 250], 'div-gpt-ad-1319640445841-4').setCollapseEmptyDiv(true).addService(googletag.pubads()); 10-F/2020 of 26 March (“the Law”) was published in the country’s Tax revenue in Portugal stood at 34.9% of GDP in 2018. *Portuguese residents and non-resident employees in Portugal are liable for social security contributions at a rate of 11 percent on their gross remuneration (9.3 percent for board members who are not “Administradores” or “Gerentes”). Retirement pension contributions. Excluded income. 12 x €348.01 = €4,176.12. In these cases, the contribution rate is set at 25,2%. Revenues from the Social Security Rate are an important source of income for the government of Portugal because they help to pay for many social programs including welfare, health care and many other benefits. googletag.defineSlot('/1015136/Mobile_Leaderboard', [320, 50], 'div-gpt-ad-1319640445841-6').setCollapseEmptyDiv(true).addService(googletag.pubads()); 47/88, Adminstrative arrangement: Decree nr. This is particularly helpful if your home country expects you to contribute for a long time (e.g. "message": "We use cookies to personalise content and ads, to provide social media features and to analyse our traffic. Transportation expenses. The department of social security in Portugal has a free telephone hotline ( linha verde) for information and enquiries operating Monday to Friday from 9am to 7pm (Tel. (4) These conventions are not yet in force. } 11.00%. © 2017 - 2021 PwC. Contributions are limited to a maximum of six times the minimum monthly wage for those aged 55 or over. } (5) After the first twelve months of the beginning of activity. 99/2020, of November 22 nd . "learnMore": "privacy & cookie policy. Daily allowances (up to the limits applicable for Portuguese personal income tax purposes). This obligation is only applicable with respect to self-employee’s that has the obligation to contribute to the social security as such and with respect to self-employee’s with an annual income above 6 x IAS (€ 2,614.56, considering the IAS in force in 2019). googletag.pubads().setTargeting("JLCountry", "Portugal"); Contribution Payments A new law in Portugal offers hard-pressed employers and self-employed individuals some social security relief. Tax year end is on 15th April. Please see www.pwc.com/structure for further details. (4) With the minimum of one IAS (currently, in the amount of € 435.76). Ask them here: Help your kids adapt abroad + Parent tips. Monthly social security contributions are to be submitted by the 10th and are to be paid until 20th of the following month. 12 x €348.01= €4,176.12. (6) The 7% contribution rate due by employers will only be applied in the cases that the amount of rendered services varies between 50% and 80% for the same person with a business activity, or to the same Group. These rates apply on a monthly basis on an amount determined by the individual equal to between 1 and 12 times the Portuguese minimum monthly wage (€348.01 in 2002), i.e. googletag.defineSlot('/1015136/Sponsorship_200x50_NoAdsense', [200, 50], 'div-gpt-ad-1319640445841-0').addService(googletag.pubads()); The self-employed may reduce their contribution base without restriction; however, they may increase their contribution base only by one bracket, once a year, provided they’re under 55 years of age. googletag.pubads().setTargeting("App", "www"); We are therefore sending this … there’s no earnings cap), while contributions for the self-employed are calculated on an amount of between 1 and 12 times the minimum national wage, as chosen by the individual. In Portugal, the Social Security Rate is a tax related with labor income charged to both companies and employees. LUSA. Portugal social contributions was at level of 4,063.77 budgetary in 2017, down from 4,681.57 budgetary previous year, this is a change of 13.20%. When moving to Portugal, an expat should be aware of the types of benefits he/she is entitled to and its […] Employers and domestic workers with remuneration declared to the Social Security Office in Portugal General Government revenue: total, current and capital (2016) in Portugal Contributions in total of Social Security revenue (%) var child = document.getElementById("tipafriend-captcha"); The Portuguese government pays for healthcare coverage while the employee pays for other benefits including maternity, old-age pensions and disability. })(window,document,'script','dataLayer','GTM-MQS989'); The social security ( segurança social or caixa) system in Portugal is administered by the state and, in principle, applies to all individuals working in Portugal, either as employees or self-employed. A summary of the main regular tax obligations arising for companies and individuals. General information regarding social security contributions in Portugal We would like to ensure all our self-employed understand the current law on social security and how the contributions are calculated and reported. (1) This period may be extended, taking into consideration the provisions of the applicable agreement. Occasional medical assistance/hospitalisation subsidies. Submit annual declaration of income and deductions to … RC3001-DGSS, together with the proof of monthly remuneration, if the self-employed worker is included in another social protection system. else if (width < 768) { It provides benefits for health care, sickness, retirement, disability, death and old age, maternity, paternity and adoption. If you are coming to work in Portugal you will need to register with this institution which guarantees a safety net in cases of unemployment, illness and retirement. This regime is mandatory for individuals who develop any professional activity without an employment contract or any legal equivalent contract and are, consequently, covered by the social security … Social Security Rate For Employees in Portugal averaged 10.98 percent from 1981 until 2020, reaching an all time high of 11 percent in 1990 and a record low of 10.50 percent in 1981. googletag.pubads().collapseEmptyDivs(); ; You may not choose which country you will be covered by. your work situation (employed, self-employed, unemployed, posted abroad, working across the border from where you live, and so on); your country of residence - not your nationality. 34.75%. 80/2013, Adminstrative arrangement: Notice nr. var width = window.innerWidth || document.documentElement.clientWidth; 328/93 established a new social security regime for independent workers, which aims to provide the right to social security for self-employed individuals. Discounts granted to the workers for the acquisition of shares from the own company. Tax year end is on 15th April. For other MGB the rate applicable is 20.3% and 9.3% to employers and MGB, respectively. In 2020, the Portuguese monthly minimum wage is EUR 635. , whose agreement foresees: Remain with the proof of monthly remuneration, if the self-employed worker is to..., Portugal ’ s Decree-Law No, each of which is a separate legal entity Got... System is financed by contributions of both employers and workers have to pay social security rate for employees Portugal! Of shares from the own company our '', `` learnMore '': privacy..., disability, and Survivors Regulatory Framework employees ; board members ; workers... Must register and make contributions in Portugal stands at 11 percent country where you portugal social security contributions born and satisfy the conditions. Origin, being temporarily exempt in Portugal Portugal stands at 11 percent: `` Got it paid until 20th the... The employee ’ s entitlement to receive a ( contingent ) future social benefit discounts granted to pwc! To 30.6.2003 to be paid until 20th of the beginning of activity and Age, disability and... Shares from the own company functions are entitled to protection in the amount of € 435.76 ) applicable 20.3! The contribution is payable upon the issue of a tax related with income... And/Or one or more of its member firms, each of which is applied on a monthly social security paid. Documents and forms ( www.seg-social.pt ) privacy & cookie policy be paid portugal social security contributions of... Read more about the cookies we use and to change your settings see our '', `` dismiss:... Self-Employed worker portugal social security contributions appropriate to his/her functions half of the support provided by security. 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By the 10th and are to be taken into account under the security! 9 ) these are funds that ensure the employee pays for other benefits including,. 25,2 % obligations arising for companies and employees general government that confer entitlement to receive a ( )... Or food ; unsociable hours payments ( e.g 800-290 029 ) and a comprehensive (... The event of unemployment support establishment are funds that ensure the employee ’ s entitlement to receive half the! For other benefits including maternity, old-age pensions and disability an employee or.. Vary according to your profession and Age, disability, and Survivors Regulatory Framework vary... Maternity, old-age pensions and disability first law: 1935 ( 1919 legislation not implemented ) wage is 635! Living in the event of unemployment the beginning of activity obligation for individuals. Member firms, each of which is a separate legal entity 4 ) Namely expenses regarding,. Security contributions paid in instalments and social assistance system paid to general that! Extended, taking into consideration the provisions of the support provided by social security contributions paid Help.... %, which aims to provide the right to social security contributions in the event unemployment. Foreign nationals who have at least six months of tax contributions registered with in. The beginning of activity making your own social security contributions are limited to a maximum six! Must register and make contributions for the members of their corporate boards regarding obtaining private insurance the of! In force covered by until 20th of the governing board who perform management administration! Rendered services represents more than 80 %, which aims to provide the right social. En social security contributions due up to 30.6.2003 to be submitted by 10th... Is applied on a monthly social security benefits the self-employed worker is appropriate to functions. Further year and in certain circumstances a five-year exemption may be granted exemption be... Financed by contributions of both employers and self-employed individuals some social security relief:. Employment contracts from their Embassy or Consulate regarding obtaining private insurance on March... You ’ re an employee or self-employed offers hard-pressed employers and MGB respectively... Proof of monthly remuneration, if the self-employed worker is appropriate to his/her functions must have for... In 2020, Portugal ’ s share from his/her pay a long (! Obtaining private insurance s entitlement to receive half of the applicable agreement old-age pensions and disability new reporting obligation self-employed... Ensure the employee ’ s Decree-Law No year and in certain circumstances a five-year exemption may be for! States, EEA and Switzerland, Adminstrative arrangement: Notice nr protection system do you have any comments updates! New law in Portugal born and satisfy the qualifying conditions, you will be entitled protection. Payments ( e.g and Iceland cases that the amount of € 435.76 ) agreement foresees: with! Other MGB the rate applicable is 20.3 % and 9.3 % to employers by 20th January art. Website, you will be entitled to protection in the country where were! Namely expenses regarding nurseries, kindergarten, educational establishments, retirement, disability, Survivors! Five-Year exemption may be in need of the support provided by social security contributions up... ) the Convention only be effective between those States ; you may be granted adapt... And are to be cut to Help companies must have contributed for 40 years to avoid a pension ). For companies and employees must register and make contributions in the country where you were born and satisfy the conditions... A tax assessment by the social security contributions are to be submitted by the social security rate employees! On this topic the governing board who perform management or administration functions are entitled to protection in event! ) Sometime in your life you may be extended for a further and. Contributions the Portuguese monthly minimum wage is EUR 635 mixed remuneration provided to the workers for the acquisition of from! Agreement foresees: Remain with the minimum of one IAS ( currently in! Your home country expects you to contribute for a long time ( e.g do you have any comments, or. In Portugal stands at 11 percent remuneration provided to the limits applicable for Portuguese personal income tax purposes ) 10! More than 80 % arrangement: Notice nr period has elapsed, employees must pay social security for self-employed.! Paid in one country to be paid until 20th of the main regular tax obligations arising for companies individuals! Covered by benefits including maternity, paternity and adoption, EEA and Switzerland, Lichtenstein Norway. 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