TPMc provides ...
… a team of certified accountants who ensure annual treatment of all accounting information, data processing, ensuring compliance deadline for all tax obligations.
We also provide a Human Resources Tax Consultancy Department.
(a) Periodic Income Statement: Shall be submitted until the last business day of May, if the fiscal year corresponds to the calendar year, if the fiscal year does not coincide with the calendar year, it must be submitted five months after the end of the fiscal year;
(b) Simplified Business Information (SBI): shall be submitted by the fifteenth day of June if the fiscal year corresponds to the calendar year, if the fiscal year does not coincide with the calendar year, it shall be submitted by the fifteenth day of the seventh month after the end of the fiscal year;
(c) Periodic Vat Declaration: If the turnover in the previous calendar year exceeds EUR 650.000,00, it must be submitted by the 10th day of the second month following the month to which the operations are related; or by the 15th day of the second month following the quarter to which the operations relate.
Companies must submit registration statements, changes or cancellations whenever such situations occur, as well as periodic statistical information requested by the Regional Statistical Office, the National Statistical Institute and the Bank of Portugal.
IRS and Social Security
Companies/ Societies, in salary payments or other forms of remuneration to their employees, must make IRS withholdings and social security contributions. The applicable rates are:
(a) IRS: variable rate according to the amount of salary paid;
(b) Social Security: 11% fixed rate for the employee and 23,75% for the employer; for Directors the rate is 23,75% paid by the company and 11% paid by the Director.
The Social Security remuneration statement must be sent by the 10th of the following month to which the remuneration refers.
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