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Social Security - Taxation rates
Taxation rates for
Social Security,
including the rate of 0,5% for coverage of occupational
disease risks are the following:
Employees
|
Social Security System |
Employee |
Employer |
TOTAL |
|
1. Employee’s general
system |
11% |
23,75% |
34,75% |
|
1.1. Deficient workers |
11% |
12,5% |
23,5% |
|
1.2. Workers at home
(with illness protection) |
9,3% |
20,7% |
30% |
|
1.3. School Teachers of
higher, private and cooperative education
a) |
0% |
10% |
10% |
|
1.4. Professional
football and basketball players b) |
11% |
17,5% |
28,5% |
|
2. Staff of domestic work
(with unemployment protection) |
11% |
20,6% |
31,6% |
|
3. Staff of
non-profit-making entities |
11% |
20,6% |
31,6% |
|
4. Members of religious
churches, associations and confessions. |
4% |
8% |
12% |
|
5. Personal of private
institutions of social solidarity |
11% |
19,6% |
30,6% |
|
6. Pre-retirement
situations (do not include 0,5% rate):
1) more than 37 years
of tax period
2) less than 37 years
of tax period
|
3%
7%
|
7%
14,6%
|
10%
21,6% |
|
7. Farming personal
comprised by Social Security System
regarding workers dependant on it:
1) Differentiated
2) Undifferenciated |
9,5%
8%
|
23%
21%
|
32,5%
29% |
|
8. Deap-sea workers d)
|
8%
|
21%
|
29% |
|
9. Members of statutory
organs of
corporate bodies
|
10%
|
21,25%
|
31,25% |
|
10. Workers of Insurance Agents companies (Dec.-Law
388/91, 10/Oct) |
11%
|
24,75%
|
35,75% |
a) Comprised by the Retiring Fund.
For those not comprised by the Retiring Fund, the rates
will be 8% for workers and 21% for employers.
b) The base of incidence is equal to
1/5 from effective pays.
c) Non-profit-making entities are
comprised in this rate, namely the following: social
security and social welfare institutions; State
personalized institutions; State institutions of public
utility; associations, foundations and cooperatives;
employers associations, unions, federations and
confederations; professional associations; political
parties; associations (ie: casas de povo);
agricultural credit cooperatives; property condominiums.
d) Besides this social system, the
rate foreseen, regarding registered deep-sea workers
working in local fishing, corresponds to 10% of the
fishery gross product sold by auction.
Wages
subject to Social
Security contributions - Decreto Regulamentar nr. 12/83,
of 12th. February
Managers
and Administrators
(Members of the statutory bodies of corporate bodies)
Companies’ Managers and
Administrators are compelled to pay Social Security
contributions on a remuneration not inferior to the
national minimum wage,
except if the company deliberates, in a General Meeting,
that they will not get any remuneration for the
fulfilment of their duties and that they are already
paying contributions to the social security system in
Portugal or in another country.
The citizens that pay social
security in another European country can produce
evidence of such payment through the statement
Model
E-101, which has to be translated into Portuguese and
submitted to the Social Security together with the
referred minutes.
Domestic
work professionals (2004)
|
Conventional pays
(rates
applyable starting from 01/09/1999 |
Worker
11% |
Employer
20,6% |
TOTAL |
|
MONTHLY = 70% of
national minimum wage
(Ref. 2004: 70% x 365,60€ = 255,92€ |
28,151€
|
52,72€
|
80,871€
|
|
DAILY = (Ref.
2004: 70% x 365,60€ : 30 days = 8,531€/day
a) |
0,938€
|
1,757€
|
2,695€
|
|
WORKING = (Ref.
2004: (70% x 365,60€ x 12) : (52x40) =
1,476€/hour b) |
0,162€
|
0,304€
|
0,466€
|
a)
It
must
only be used when contributions on incomplete monthly
pays are paid (on the month of admission or termination
of the contract or because of leave or illness).Calculation:
70% of
national minimum wage
(monthly),to be
divided by 30 days.
b) A minimum of 30 hours, for each
beneficiary (worker) and respective employer, or for each
of them if there is more than one. Calculation: 70% of
national minimum wage multiplied by
12 months, to
be divided by the number of weeks (52) times the weekly
working hours (40): (70%x365,60€x12) : (52x40) = 1,476€.
Social
Security Website
This note is
only for information and does not hold its divulgers
responsible. For thorough information you must consult
the Law.
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