The 2025 tax season for the income of 2024 has already begun and ends on 30 June.
Who is required to file?
All those who have been resident (even if only for part of the year) in Portugal or, if not, have received income from a Portuguese source (e.g. Portuguese real estate income or capital gains).
What needs to be declared?
1. Income and gains obtained in 2024 in Portugal and abroad (for residents) or only in Portugal (for non-residents) which falls into one of the following income categories:
- Category A : income from employment income;
- Category B : business and professional income;
- Category E : investment income (e.g. dividends and interest);
- Category F : rental income;
- Category G : real estate and financial capital gains;
- Category H : pension income.
| Please note: Each category of income has different reporting rules and a different method of determining the net taxable income! Proper classification of income is essential! |
2. Bank accounts held abroad;
3. Assets (e.g. cars, boats, securities, contracts or financial products, etc.) held by the taxpayer in jurisdictions or territories with a clearly more favorable tax regime - This is new for 2024!
How do you declare?
Only online, through the Tax Authority portal. To ensure a seamless process, please ensure you have a valid password!
