Donation of 0.5% of your tax bill to charitable associations.

The Portuguese Tax Law allows for a charitable donation of 0.5% of your yearly tax bill, to benefit Portuguese charitable associations. There are over 5000 eligible associations as per the tax office (Finanças) list for 2023. https://info.portaldasfinancas.gov.pt/pt/apoio_contribuinte/IRS/Pages/IRS_entidades_beneficiarias_consignacao.aspx

This donation has ZERO impact on your tax bill and has no other implications to yourself as the amount is taken from the tax paid to the Portuguese State.

Eurofinesco Team