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Tax

Reading Your Portuguese Pay Slip in 2026: The Recibo de Vencimento, TSU, IRS Retention, Subsídios, and Duodécimos Explained

Reading Your Portuguese Pay Slip in 2026: The Recibo de Vencimento, TSU, IRS Retention, Subsídios, and Duodécimos Explained

Your first Portuguese pay slip looks nothing like the one you had back home. Here is what each line of the recibo de vencimento means — base salary, meal subsidy, IRS withholding, the 11% TSU contribution, 13th and 14th month pay, duodécimos, and the net you actually see hit your IBAN.

OECD Taxing Wages 2026 Lands With Portugal Among the Eleven Economies Where Labour Tax Fell — Average-Wage Wedge Drops to 39.3% After a Second Round of IRS Reform

OECD Taxing Wages 2026 Lands With Portugal Among the Eleven Economies Where Labour Tax Fell — Average-Wage Wedge Drops to 39.3% After a Second Round of IRS Reform

The OECD's Taxing Wages 2026 report, released 22 April, puts Portugal's single-worker labour tax wedge at 39.3% for 2025 — down a third consecutive year from 41.1% in 2023. Portugal is one of only 11 OECD economies where the wedge fell in 2025, against an OECD mean of 35.1% and an EU mean of 41.7%.

Selling Your House in Portugal 2026: The Escritura Pública, the Anexo G, the Mais-Valias Rules, and the Solicitador Process for Foreign Sellers

Selling Your House in Portugal 2026: The Escritura Pública, the Anexo G, the Mais-Valias Rules, and the Solicitador Process for Foreign Sellers

Everything foreign homeowners need to know about selling a property in Portugal in 2026 — the CPCV, the escritura pública, documents a buyer will demand, how mais-valias are calculated, the reinvestment exemption (with the April 2026 Tribunal Constitucional ruling), and the Anexo G declaration.