
Understanding Taxes in Portugal – Portugalist
Jun 15, 2021 · Like many European countries, Portugal has a progressive tax system. This simply means that the rates increase the more income you earn. For example: if you earn €7,000 per year you'll be taxed at % whereas if you earn €10,000 per year you'll be taxed at % on the first €7,112 and 23% on everything between €7,112 and €10,000.