Income tax in Portugal (2026)

In 2026, income tax in Portugal runs from 12.5% to 53%. On a €60,000 salary you take home €38,275 a year, €3,190 a month.

Income tax rates

Top rate
53%
Lowest rate
12.5%
Tax-free allowance
None
VAT
23%
Capital gains
28%
The 2026 bands, in Euro
Income-tax bands of Portugal, 2026, in Euro
Taxable income (after allowance)Rate
€0 to €8,34212.5%
€8,342 to €12,58715.7%
€12,587 to €17,83821.2%
€17,838 to €23,08924.1%
€23,089 to €29,39731.1%
€29,397 to €43,09034.9%
€43,090 to €46,56643.1%
€46,566 to €86,63444.6%
over €86,63448%

These are the national bands. The top rate of 53% also counts surcharges and regional or local income taxes.

Take-home pay by salary

Compare with other countries

Cost of living in Portugal

Frequently asked questions

What are the income tax rates in Portugal?

Income tax in Portugal runs from 12.5% to 53%, in 9 bands.

Is there a tax-free allowance in Portugal?

No — Portugal has no general tax-free allowance.

What is the take-home pay on €60,000 in Portugal?

On €60,000 in Portugal you take home €38,275 a year — €3,190 a month.

2026 rules checked against taxsummaries.pwc.com. Single person, employee, no other income. Not tax advice. Change the details

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