The Regional Government approved an increase of the minimum salary for the Region to 723 € as of January 2022. Around 11% will be deducted as the employee’s share for Social Security. Around 70% of Portuguese workers receive such a minimum salary. In many companies, it is not usus to…
Posts tagged as “increase”
The annual income limit for self-employed workers who are VAT exempt increases from €10,000 to €12,500. The uplift was approved by the General Assembly as part of the belatedly approved 2020 State Budget. Dennis Swing Greene info at madeira-weekly.com