Rule monitor
LawSocial Security wage base for 2027 set at $192,300 (6.2% each for employee and employer)1 Jan 2027LawTax-free amount of salary rises to RSD 37,369 a month (Official Gazette 80/2026)1 Jan 2027LawNon-taxable minimum rises to €570 a month1 Jan 2027CabinetMinimum monthly wage rises to €1,245 (Government resolution No 509)1 Jan 2027LawThe 5-point SGK discount for manufacturing employers ends on 31 December 2026 unless the President extends it (Law 5510, provisional Art. 108)1 Jan 2027DueIRS 2027 inflation adjustments (brackets, standard deduction)Nov 2026LawNew withholding tax key formula: tax-free amount €11,550 and new child reductions1 Nov 2026DueAutumn Budget — income tax thresholds already frozen to April 203128 Oct 2026Cabinet2027 contribution ceilings: pension €8,850, health €6,375 a month7 Oct 2026BillBudget 2027 — standard rate band +€2,500, personal credits €2,1256 Oct 2026LawContribution ceilings raised: CCSS €10,000, CAR €6,276, CMRC band A €4,067 a month1 Oct 2026Law2027 minimum wage set at 4,950 zł a month (Council of Ministers regulation)15 Sept 2026LawMaximum insurable income rises to €2,300 a month (from €2,111.64)1 Aug 2026LawMinimum wage RON 4,325; tax-free amount on the minimum wage cut to RON 200 for gross pay up to RON 4,6001 Jul 2026LawNew split of the 28% contributions: pension 19.9%, unemployment 0.1% (Official Gazette 148/2026)1 Jul 2026LawIndex tranche +2.5%: social minimum wage €2,771.33, contribution ceiling €13,856.631 Jun 2026LawMinimum wage (SMIC) raised to €12.31 an hour1 Jun 2026Law2026 contribution order published: ceiling €5,101.20 a month, MEI levy 0.90%31 Mar 2026LawCompulsory health contribution rises to €39.36 a month (Official Gazette 16/2026)1 Mar 2026LawNew 2026 IRS withholding tables for the mainland, Azores and Madeira1 Jan 2026LawIRPEF second bracket (€28,000–50,000) cut from 35% to 33%1 Jan 2026LawIGR reform: the SMaC card deduction becomes a tax credit (Law 141/2025)1 Jan 2026LawPension contribution up to 8.5% (employee and employer); CO2 tax credit €216 a year1 Jan 2026Law2026 average wage 48,967 Kč: 23% tax above 146,901 Kč a month, social insurance ceiling 2,350,416 Kč a year1 Jan 2026LawFour income tax bands from 2026 — 19, 25, 30 and 35%; employee health insurance 5%1 Jan 2026LawFamily allowance in 2026: 133,340 Ft a month per dependant with one child, twice the early-2025 amount1 Jan 2026Law2026 withholding tax tariffs for all 26 cantons; BVG thresholds unchanged (entry CHF 22,680, coordination deduction CHF 26,460)1 Jan 2026LawNew 0.2% employee contribution to the family fund for the parental allowance; employee AHV/IV/FAK now 4.90%1 Jan 2026LawBracket reform: middle tax (7.5%), top tax (7.5%) and top-top tax (5%) replace the 15% top tax; employment deduction 12.75%, at most DKK 63,3001 Jan 2026LawLarger job tax credit; state income tax threshold raised to SEK 643,0001 Jan 2026LawSocial security contribution cut to 7.6%; personal allowance NOK 114,540; bracket tax steps 4 and 5 at 16.8% and 17.8%1 Jan 2026LawNew income tax scale with a 37.5% top rate; earned income credit up to €3,430; employee pension contribution 7.30%1 Jan 2026LawNew income tax scale: 20%, 26%, 34% and 39% bands, lower rates for children and people up to 30 (Law 5246/2025)1 Jan 2026LawTax-free band €22,000, new bands and article 14B deductions for children, housing and green spending (Law 244(I)/2025)1 Jan 2026LawWithholding brackets raised to ISK 498,122 and 1,398,450 a month; personal allowance ISK 72,492 a month1 Jan 2026LawHighest monthly contribution base €11,958; average wage for contribution bases €1,993 (NN 150/2025)1 Jan 2026LawMinimum wage ALL 50,000; maximum wage for social insurance contributions ALL 186,4161 Jan 2026LawBasic exemption of €700 a month for everyone, whatever the income; income tax stays at 22%1 Jan 2026LawMinimum wage rises to UAH 8,647 and the tax social benefit to UAH 1,664 (State Budget Law No 4695-IX)1 Jan 2026LawEmployer pension contribution rises to 12% and the SGK earnings ceiling to 9 times the minimum wage; the general Treasury discount falls to 2 points (Law 7566)1 Jan 2026CabinetMinimum wage rises to MDL 6,300 a month (Government Decision 771/2025); personal exemption unchanged at MDL 29,700 a year1 Jan 2026LawFederation of BiH: employer contributions cut from 10.5% to 5% of gross pay (Official Gazette 33/25)1 Jul 2025LawEmployer pension contribution cut to 0%; the employee pays 10% (Official Gazette 94/2024)1 Oct 2024LawNew wage tax bands: 0% up to €250, 8% up to €450, 10% above (Law 08/L-142)23 Aug 2024
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Salary CodexPay & tax intelligence

Methodology · Portugal

How we calculate Portuguese net pay

The calculator follows the payslip of a full-time employee, month by month, using the withholding tables approved by ministerial order and published by the tax authority in Excel — for 2026 and the three 2025 periods — and the contribution rate of the Contributory Schemes Code. See data sources.

Which table applies

Table I for unmarried people without dependants and married couples with two earners; table II for unmarried people with dependants; table III for married couples with a single earner. The mainland, the Azores and Madeira have their own tables. In 2026, on the mainland, nothing is withheld up to €920 (tables I and II) or €991 (table III).

The formula

Withholding = monthly pay × marginal rate − deduction − extra deduction per dependant × number of dependants (€21.43 in table I, €34.29 in table II). In the first rows the deduction depends on pay itself: rate × factor × (constant − R), so that a raise never lowers net pay. With three or more dependants the marginal rate drops by one percentage point. The result is never negative.

Holiday and Christmas subsidies

They are paid in June and December and withheld on their own: the same table is applied to each subsidy, without adding it to that month's salary. Social security applies to them too.

The three 2025 periods

In 2025 the tax authority approved tables for January to July, lower tables for August and September (to refund in two months the rate cut applied since January) and new tables from October. The calculator uses each month's table.

Social security

Employees pay 11% of all pay and employers 23.75% (34.75% in total), with no ceiling.

Tests

TestScopeResult
The tables' 'effective rate at the bracket limit' column384 values: 4 periods × mainland, Azores and Madeira × tables I–III382 identical; 2 cells in table II differ from table I with the same parameters
The order's formulaRows with a variable deduction, dependants, the cut for three or more dependantsTested
Contributory Schemes Code, art. 5311% and 23.75%Taken over and tested

Not yet included

  • IRS Jovem, non-habitual residents and workers with disabilities (tables IV–VII).
  • Meal allowance, overtime and subsidies paid in twelfths.
  • The annual IRS return: tax credits, aggregation of other income and refunds.

Estimates only. Not tax, legal or financial advice.

Salary Codex