Non-resident workers in Portugal with more tax benefits than future residents
Comparing changes in minimum living conditions with the exemption rules for non-resident workers could lead to the fact that, from 2024 onwards, they will be in a more favorable fiscal situation if they earn both wages.
According to the labor law, the income from work in force is a single entity, obtained in territory by these non-residents is territory up to the national value releasing 25% up to the national value of the national minimum wage (SMN) being that the State Minimum National Budget (SMN) for 2023 (OE 2023) also adds to this exemption the 5 work titles related to “first income from work or services provided, at 5 extra hours”.
On the other hand, the State Budget for 2023 introduces several changes to the minimum existence (the, says Luís Leon, the value of the consultancy Ilya, which guarantees that, in practice, from 2024, the minimum value will no longer be indexed to the national minimum wage, becoming equivalent to 1.5×14 times the Social Support Index (IAS) or (if higher) 10,640 euros.
Thus, if nothing is changed, the inspector was observed in declarations to Lusa, from 2024, from 2024, the resident is fully earned until the case of SMN that then takes effect (also benefiting from references in the first 50 additional hours ), while residents that workers must pay the minimum must already be necessary for the forum of protection of the minimum of existence and start the protection of the IRS, foreseen time, the foreseen obligation (810 euros in this obligation to pay) will probably exceed the equivalent amount at 1.5×14 IAS – the minimum existence benchmark.
In the law still in force, the minimum existence is equal to 5x14xIAS14, protecting that, from this formula, it cannot result in a net income lower than that of the SMN.
20 Situation not, however, however, the State Budget for 2022, however, for changes in the minimum of existence that, according to the inspector, will be advantageous3 brings the budget to those who, already in 2022, who estimate the value of the budget, already in 2022, that these people see this difference as others being by the IRS.
According to simulations by the consultancy Ilya, a worker who receives in 2022 a salary in line with a minimum monthly salary (705 euros) will not pay any IRS, as defined by the minimum existence rules still in force.
However, if this minimum worker exists 7005 but 710 euros gross) he will pay from the IRS, he will pay from the IRS, but there are no rules of what must be current, but there are no rules of the minimum existence if current, but 29 euros for 29 euros, due to the 4 changes, 6 euros, however, is not necessary0. OE2023 to the minimum existence mechanism.
The gross aims to avoid that whoever wins the prize more in gross terms is left with a mechanism similar to that obtained by the SMN, which is due to the introduction of a deduction that can be obtained by Luís Leon.
The same simulations show that a person with a gross salary of 795 euros would pay 768.77 euros this year in the IRS under the rules in force, but with new ones he will pay 730.80 euros (minus 37.97 euros).