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Thread: Tax in Portugal
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Old 23rd Jan 2012, 13:05
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busav8r
 
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Rbaiapinto,

Isn΄t the 11% Social Security tax already included on the 41,5% and 43,5% tax respectively?

If that is the case, and using my previous examples:

if your income is 51,000, your net will be approx. 26,553 €/year (2,213 €/month)
if your income is 77,000, your net will be approx. 38,719 €/year (3,227 €/month)
if your income is 100,000, your net will be approx. 50,285 €/year (4,190 €/month)

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