IRS; NHR and Pensions; e-Faturas and deductions – Red Tape / Business – Expats Portugal Community Forum
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IRS; NHR and Pensions; e-Faturas and deductions

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Posts: 1267
VIP Member
Topic starter
(@stevej)
Noble Member
Joined: 14 years ago

Hi - a quick IRS question (or two).

I am registered with the NHR scheme (since 2018) - I know the PT Government have changed things a bit with regard to pensions income. Am I correct in understanding that overseas pensions income (not the UK state pension, and not a "UK government pension") are now taxed at 10%, for all NHR people, or should those registered for NHR before the change still have pension income zero rated?

And secondly, regarding the e-faturas and deductions. For 2020 I have more than enough faturas registered to get the "General" 250€ deduction, and enough in other sections to qualify for some deductions. But, the "Liquidação" statement shows that no deductions have been made. Do these deductions apply only to IRS tax from certain types of income?

Thanks, Steve

17 Replies




Posts: 1855
VIP Member
(@old-bloke)
Noble Member
Joined: 13 years ago

The new 10% NHR rate for pensions only applies to those getting NHR after it was introduced (Jan 2021?). People like yourself already on NHR stay on their zero rate for pensions.

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Posts: 1267
VIP Member
Topic starter
(@stevej)
Noble Member
Joined: 14 years ago

Oh, in that case I must have messed up my IRS return. I have a tax bill that represents 10% of my (pension income minus the 4104€ threshold). Looks like a visit to Finanças is needed.

Thanks, Steve

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Posts: 145
Ask Our Expats Consultant
(@pamalcobaca)
Member
Joined: 10 months ago

As for your receipts for deductions, there is a step you have to do before submitting your IRS declaration to "accept" the receipts, maybe you missed this out?

 

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Posts: 2297
VIP Member
(@x-camone)
Noble Member
Joined: 11 years ago

The deductions via e-fatura only apply in the general tax regime. If you're a beneficiary of NHR, you lose the right to those.

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