Tools · Portugal

Portugal Tax & Net Salary Calculator 2024

Compare all three Portuguese tax regimes — Standard IRS, IFICI flat 20% (new NHR), and IFICI foreign-source 0%. Includes 11% social security and IFICI 10-year countdown.

Official Portuguese regulationsPortal das Finanças · AT · 2024Informational only — not legal or tax advice
2024 tax brackets — Last verified March 2025. Always verify with Portal das Finanças before making decisions. Not legal or tax advice.

Your income

€

Tax regime

IFICI replaced NHR from January 2024. Existing NHR holders keep their status for the remaining period. Informational only — consult a Portuguese tax advisor (contabilista) for your specific situation.

Estimated net income

€2,893/mo

€34,711/yr · 42.1% effective rate

Take-home 57.9%SS 11.0%Tax 31.1%

Breakdown

Gross annual

€60,000

Social security (11%)

–€6,600

Income tax

–€18,689

Net annual

€34,711

Net monthly

€2,893

Regime comparison · €5000/mo

Standard IRS

42.1% effective rate

€2,893/mo

IFICI (new NHR)

28.8% effective rate

€3,560/mo

IFICI · Foreign employer

0.0% effective rate

€5,000/mo

AI Tax Insights

Portugal 2024
At 42.1% effective rate, you're reaching Portugal's higher IRS brackets. The IFICI regime could reduce this significantly if you qualify.
Social security (11%) adds €6,600/yr in contributions — covering healthcare, pension, and unemployment protection in Portugal.
As a standard IRS taxpayer, you can deduct healthcare, education, and housing costs. Keep receipts logged in the e-Fatura portal for your annual return.
Portugal's NIF (tax number) is required before you can open a bank account or sign a lease. Get it at any Finanças office or online via Portal das Finanças.

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How Portuguese taxes work

Official regulation referencesAI-assisted informational guidance onlyNot legal or tax adviceRegulations may change — always verify with a professional