Anexo B (IRS): how to fill it without losing your head
Recibos verdes on the simplified regime? Anexo B looks like a maze of quadros, but for most people it's 3 or 4 fields. Here's which ones, in plain English.
Everything you need to know about invoicing, VAT and Social Security in Portugal.
Got a salary and recibos verdes? Anexo A comes pre-filled, but two things trip everyone up: what retenção really is and the deduction you can't reuse.
Read article
Recibos verdes on the simplified regime? Anexo B looks like a maze of quadros, but for most people it's 3 or 4 fields. Here's which ones, in plain English.
You invoiced €1,000 and the client paid €770. No mistake. It's withholding tax — an advance payment of your IRS that the company sends directly to the tax authority. Here's what it is, the rates (23% and 11.5%) and how it appears on your recibo verde.
In the simplified regime, the state estimates your expenses without requiring receipts. The coefficient determines what portion of your income is taxable — and the difference between 0.75 and 0.35 can be enormous.
In the simplified regime you only pay income tax on 75% of what you invoice — not on everything. Understand how the coefficient works, progressive brackets, and when to file your annual declaration.
Practical guide for independent workers on the simplified regime: what is already pre-filled automatically, what you need to confirm, and how it can result in a refund.
May is the month when many freelancers receive a surprise transfer from the government. It's not a mistake - it's your IRS refund. Here's how to maximise it.