New Model of Withholding Tax Tables - Frequently Asked Questions
Tax Circular No. 20258, of 20 June 2023, publishes a set of concrete situations in the form of Frequently Asked Questions (FAQ), to clarify the new methodology and interpretation of the appropriate withholding tax rate to be applied to each specific case contained in the ministerial dispatches.
In mainland Portugal, Order no. 14043-B/2022, of 30.11.2023; Order no. 4930/2023, of 18.04.2023 and Circular no. 2/2023, of 11.01.2023;
In the Azores Autonomous Region, Order no. 14837-C/2022, of 28.12.2023 and Circular no. 4/2023, of 11.01.2023;
In the Autonomous Region of Madeira, Order no. 54/2023, of 27.01.2023 and Circular no. 13/2023, of 04.04.2023.
The disclosure in the form of Frequently Asked Questions (FAQ) is important for a better interpretation and understanding of the measure that was approved, still at the end of 2022, by ministerial order and which concerns a new model of withholding tables to be applied to income from employment and pensions paid or made available to the respective holders, to be in force from 1 July 2023.
We use cookies on our website. Some of them are essential for the operation of the site, while others help us to improve this site and the user experience (tracking cookies). You can decide for yourself whether you want to allow cookies or not. Please note that if you reject them, you may not be able to use all the functionalities of the site.
