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Effective tax rate when self-employed in Portugal
Hmm problem is social security, if we imagine an income of 100000, it is 20% of 70% = 14000 for income tax + 21,4 of 70% = 14,980, total tax is around 29% after 2 year. So you have total tax 14% first year, then 21.5% second year and 25.25% third year, and 29% from the third year.- drdivago
- Post #18
- Forum: Tax, Accounting, Licensing & Legal
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Effective tax rate when self-employed in Portugal
Someone knows what professions are considered "outros prestadores de services", it is a bit vague. Working as a software developer for a non-portuguese company is considered in the list as a software developer that is 75% (not 35%) of the income or not? You didn't mention that is valid only if...- drdivago
- Post #16
- Forum: Tax, Accounting, Licensing & Legal