PIT - New 2025 PIT withholding rates

In brief

Order 8464-A/2025, of the State Secretary of Tax Affairs, dated 22 July 2025, published in the Official Gazette, approves the new PIT withholding rates in force from 1 October 2025, applicable to employment and pension income.

New PIT withholding rates, applicable between 1 August and 30 September 2025, are also approved.

These updates aim to reflect the recent reduction of the general tax rates on the Portuguese PIT Code.

The approval of the PIT withholding rates, applicable between 1 August and 30 September 2025, aims to compensate the tax withholdings already made in respect of employment and pension income obtained in the months prior to the above tax changes.

^{© 2025 PwC. This communication is of an informative nature and intended for general purposes only. It does not address any particular person or entity nor does it relate to any specific situation or circumstance. PricewaterhouseCoopers Tax Services TLS, Lda. We will not accept any responsibility arising from reliance on information hereby transmitted, which is not intended to be a substitute for specific professional business advice.}