Flash News NA 03/14/2025
Key Changes in Payroll Processing in Portugal in 2025
The year 2025 brought several tax and labour changes that directly impact payroll processing for companies in Portugal.
The year 2025 brought several tax and labour changes that directly impact payroll processing for companies in Portugal.
Organized accounting is a tax regime that applies to certain entities and professionals in Portugal. This article explores the conditions that require the adoption of this regime, its advantages and disadvantages, and the implications for entrepreneurs and companies.
In 2025, the invoicing limit for self-employed workers with electronic invoicing - "recibos verdes" in Portugal was set at €15,000.00. Exceeding this limit implies new fiscal and social security obligations. This article details the necessary steps to regularize the situation with the Tax Authority and Social Security.
Since January 1, 2025, the new version of the Portuguese Classification of Economic Activities, known as CAE Rev.4, has come into effect. This update replaces the previous version, CAE Rev.3, and it is essential for all companies to be aware of the changes and ensure they are correctly classified.
The municipal tax rates and exemptions that apply to the taxable income subject to corporate income tax for the 2024 fiscal period were published through Circular Letter No. 20273 of 01/22/2025.
A new tax incentive for companies that increase salaries. The measure, introduced in the General State Budget for 2025, represents a strategic opportunity to optimize costs and improve competitiveness, directly impacting Human Resources management and payroll processing.
Redeeming the work compensation funds in Portugal is a process that allows companies to use the amounts accumulated in the Work Compensation Funds (FCT) to support their employees.
On 16 January, Decree-Law no. 1/2025 was published, changing the remuneration base and updating the remuneration and subsistence allowance rates for the Public Sector, although the private sector uses them as a reference.
Since January 1, 2025, the Young PIT in Portugal has undergone some significant changes introduced by the recently approved State Budget.
Artificial intelligence is reshaping human resources by automating tasks, reducing errors, and enhancing efficiency. However, the human element remains crucial for customising solutions and ensuring ethical practices. At Nominaurea, we help your business adapt to these changes.
The State Budget for 2025, approved in general on October 31, 2024, introduces several significant changes in the tax field.
In accordance with the current Portuguese labour code, particularly article no. 131, the company is obliged to have a professional training plan for its workers for a minimum of 40 hours per year.
The Portuguese government managed to reach an understanding to make the State Budget for 2025 viable, but now it remains to be defined which proposed changes will be approved in the specialty voting.
In this article we will focus on the Youth PIT measure. This measure is intended to be an improved and broader version when compared to the legislation introduced by previous budgets in this matter.
Payroll compliance is essential to ensure legal obligations are met and to avoid sanctions that can impact a company’s reputation and stability. A continuous focus on compliance guarantees efficient and sustainable operations.
Last September, significant changes were made to the way invoices, receipt-invoices and receipts are issued on the Portuguese Tax Authority web page.