January 27, 2023
Default interest rate 2023 - Debts to the Portuguese State
The Treasury and Public Debt Management Agency - IGCP, E. P. E. published, in the Official Gazette, Notice no. 177/2023, of 4 January, setting the default interest rate applicable to debts owed to the Portuguese State and other public entities at 5.997%, applicable from 1 January 2023.
January 18, 2023
Amendments to Model DMR and Model 10 Declarations
Ordinance No. 307/2022, of December 27, and Ordinance No. 8/2023, of January 4, approved, respectively, the new form for the DRM Model declaration – “Monthly Remuneration Statement” and the new form for Model 10 – “Income and Withholdings – Residents, to be filed starting January 2023.
In this regard, Circular-Letter 20248 was published on January 4, 2023, in order to clarify the changes introduced to these declarative forms by the above-mentioned Ordinances and the procedure for filing the declaration.
Packaging Contribution in 2023
The contribution on packaging, already in force for plastic or multimaterial packaging with plastic, would come into effect on January 1, 2023 for aluminum or multimaterial packaging with aluminum, according to Ordinance No. 331-E/2021 of December 31. However, Ordinance No. 312-C/2022 of December 30 determined that the contribution for aluminum and multimaterial packaging with aluminum should enter into force on September 1, 2023.
With regard to this, Circular Office No. 35189, was published on January 3, 2023, which reviews and updates the procedures for applying the contribution on plastic or multimaterial packaging with plastic and aluminum.
The present Circular letter makes few amendments to the previous Circular letter No. 35170 of July 1, 2022. We highlight the following updates:
- Amendment to the application date of the contribution on aluminum or multimaterial packaging with aluminum to September 1, 2023;
- Introduction of the following definition of multimaterial packaging with aluminum: Packaging consisting of more than one material, including composite packaging, in which one of these materials is aluminum, regardless of its quantity in the total mass of the packaging. The packaging is considered as a whole, such as packaging composed of the container and the lid. In other words, it is subject to contribution, even if he lid is aluminum and the container is paper, if the container and are sold together;
- Non-deductibility of the contribution in terms of Corporate Income Tax.
January 17, 2023
Pensions in 2023
On January 9, 2023, the following Ordinances were published:
- Ordinance No. 24-A/2023, which proceeds to update work-related accident pensions to the value resulting from the application of the 8.4% increase percentage.
- Ordinance 24-B/2023, which determines the update of pensions of the general social security regime and the convergent social protection regime attributed prior to January 1, 2022, under the following terms:
- Increase of 4.83% for pensions up to 960,86€;
- Increase of 4.49% for pensions between 960.87€ and 2.882,58€;
- Increase of 3.89% for pensions worth 2.882,58€ or more.
- Ordinance no. 24-C/2023, which determines the Revaluation Coefficients to be applied to the update of the annual recorded remunerations that serve as the calculation basis for pensions initiated during 2022, which are contained in the tables that constitute annexes i and ii of this ordinance.
January 13, 2023
Amendments to Model DMR and Model 10 Declarations
Circular Letter no. 20248, of January 4, 2023
Ordinance No. 307/2022, of December 27, and Ordinance No. 8/2023, of January 4, approved, respectively, the new form for the DRM Model declaration – “Monthly Remuneration Statement” and the new form for Model 10 - "Income and Withholdings - Residents, to be filed starting January 2023.
In this regard, Circular-Letter 20248 was published on January 4, 2023, in order to clarify the changes introduced to these declarative forms by the above-mentioned Ordinances and the procedure for filing the declaration.
