Taxes
Guides to everyday taxes in Portugal: IRS, IMI, IUC and capital gains.
How is IRS (Portuguese income tax) calculated?
How IRS is calculated: taxable income, the 2026 brackets (Art. 68.º), average vs marginal rate and joint taxation, in plain language, with a worked example.
5 min readHow IRS deductions work in Portugal (deduções à coleta)
Portuguese IRS deductions in 2026: the percentages and caps for health, education, invoices, homes and alimony, and the global ceiling that depends on income.
4 min readHow rental income is taxed in Portugal: rates and calculation
How IRS taxes rental income (Category F) in Portugal: autonomous rates from 28% to 5%, deductible expenses, the aggregation option and Anexo F.
3 min readElectronic rent receipts in Portugal: a landlord's guide (and what you keep)
How to issue the electronic rent receipt on the Portal das Finanças, who is exempt, the Modelo 44, and how much you keep from each rent after IRS (Category F).
4 min readHow is VAT (IVA) calculated in Portugal?
How to calculate Portuguese VAT (IVA): adding and removing VAT at the standard (23%), intermediate (13%) and reduced (6%) rates, with an example.
3 min readHow is IMT calculated when buying a home in Portugal?
How IMT is calculated: the taxable value, the 2026 brackets, the exemption, IMT Jovem and how it differs from IMI, in plain language, with a worked example.
4 min readWhat is IMT Jovem and how much do you save on a first home?
What IMT Jovem is: the IMT and Stamp Duty exemption for a first home under 35, the 2026 limits (full and partial) and who qualifies, with a worked example.
3 min readWhat is Stamp Duty (Imposto do Selo) and how much do you pay when buying a home?
What Stamp Duty (Imposto do Selo) is: the rates, the 0.8% duty on buying a home and the mortgage credit duty, explained simply, with an example.
4 min readGift tax in Portugal: how much do you pay to gift money or a home?
How much tax you pay on a gift in Portugal: the 10% Stamp Duty, the spouse/children/parents exemption and the 0.8% on real estate, with examples.
4 min readHow is your home’s IMI calculated in Portugal?
How IMI is calculated: the VPT, the municipal rate (0.3%–0.45%), the family deduction and the payment instalments, in plain language, with a worked example.
4 min readWhat is AIMI and who has to pay it?
What AIMI is: who pays, the €600,000 deduction, the 2026 marginal rates, the couple's joint option and how it differs from IMI, with an example.
4 min readTaxable property value (VPT): what it is and how it is calculated
The VPT is a property's fiscal value in Portugal: it drives IMI, IMT and AIMI. See the CIMI formula, every coefficient, the 2026 base value and revaluation.
7 min readHow is your car’s IUC calculated in Portugal?
How IUC is calculated: the engine-size and CO₂ components, the year coefficient, the diesel surcharge and exemptions, in plain language, with a worked example.
4 min readHow is a car’s ISV calculated in Portugal?
How ISV is calculated: the engine-size and CO₂ components, the diesel surcharge, the used-car reduction and the electric exemption, with a worked example.
4 min readWhat are capital gains and how are they taxed in Portugal?
What capital gains are, how to work out the gain on shares, ETFs and funds, the 28% rate, aggregation and losses, in plain language, with a worked example.
4 min readHow to report capital gains on shares and ETFs (Portugal IRS)
How to report capital gains on shares, ETFs and funds in Portugal: Anexo G, Anexo G1, the aggregation option, carrying losses forward and foreign brokers.
6 min readCapital gains on selling a property: how they are calculated and taxed
How capital gains on selling a home are calculated: the inflation coefficient, deductible costs, the 50% rule and IRS, with a worked example.
5 min readHow crypto is taxed in Portugal (IRS)
How crypto is taxed under IRS in Portugal: the 365-day rule, the 28% rate, crypto-to-crypto swaps and what to report, with euro examples.
5 min readDividends and IRS in Portugal: aggregation or the flat 28%?
How dividends are taxed in Portugal: the flat 28% rate, the option to aggregate (englobamento) and the 50% rule for EU companies, with worked examples.
4 min readForeign brokers and IRS: do you have to declare your gains?
Revolut, Trade Republic, Degiro and IRS: why you declare the gains in Anexo J, how to convert amounts to euros and the foreign-tax credit for double taxation.
6 min readFunds and ETFs in IRS: accumulating or distributing?
How funds and ETFs are taxed in Portugal: accumulating vs distributing, national funds that withhold the tax, and foreign ones you declare in Anexo J.
6 min readWhat is late-payment interest (juros de mora) and how is it calculated?
What late-payment interest (juros de mora) is: the formula, the 4% civil rate, the commercial rate and how to work out the interest on an overdue payment.
4 min read
The content is educational and does not constitute financial advice.