Retirement and taxes
Net pension in Portugal
On a gross pension of €24,000, single, €20,798 is left net, that is €1,733 a month. A pension pays no social contribution at all, so the whole gap is tax. Adjust the amount and the household below.
The pension before any withholding, in euros per year.
Enter a gross annual pension.
What this page does not say
This calculation assumes you are tax resident in Portugal and that the pension is taxable there. It does not decide WHERE a cross-border pension is taxable. That is settled by the tax treaty between the two states, and the answer depends on the type of pension, so two pensions paid to the same person can fall to two different states.
Our editorial notes set it out corridor by corridor, in French: a Swiss pension abroad, returning to France, Italy, Spain. For an individual situation, the characterisation belongs to a tax lawyer.
How the figure is built
A pension falls in category H and carries its own deduction. Art. 53 of the income tax code sets it by reference to the one for salaries: 8.54 times the social support index, that is 4,587.09 EUR in 2026. Below that amount the pension is deducted in full; above it, the deduction stops at that ceiling. No social contribution is added, because a Portuguese pension bears none.
Then comes the existence minimum of art. 70, and it is what decides the result on modest pensions. The article names pensions expressly, and it abates taxable income while gross stays under about 15,910 EUR. A pension of 12,000 EUR is therefore left with 1,120 EUR taxable instead of 7,413, and 140 EUR of tax instead of 927.
The 2026 scale applies last, from 12.5% to 48%. None of these amounts is typed by hand: they come out of the same engine as the net salary calculators, on the certified Portugal entry.
Common questions
Sources: pension deduction (art. 53), existence minimum (art. 70), {year} scale (art. 68). Read on 10 October 2026, on the Autoridade Tributaria compendium.
This information is provided for educational purposes and does not constitute tax, legal or financial advice. For any personal decision, consult a qualified professional: a tax lawyer, a chartered accountant, a notary, or an immigration adviser depending on your situation.