Social Security

Company bosses will have to fork out an extra €866 per annum for each employee because the minimum wage has gone up from €870 to €920 per month starting from January 1. The wage increase adds an [...]

The Portuguese State recorded a surplus of €2,836 million euros up to November, with an improvement of €633.9 million euros on 2024, according to the budget execution summary. “The balance [...]

The total number of active Social Security contributors, who finance pensions and other social benefits, would have started to shrink last year if the participation of foreign workers in the [...]

Portugal’s tax revenue increased by 11% up to April, to €17.4Bn, driven by VAT and IRS, according to budget execution data released today by the Directorate-General for the Budget (DGO). “In [...]

Portugal’s banking sector, represented by the Portuguese Banking Association (APB), says it is against a proposed social security levy on company profits. The Portuguese government’s [...]