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Updated September 2026 · IVA 23% · IRS withholding 25%

Portugal Recibo Verde Invoice Calculator

Calculate IVA and IRS withholding (retenção na fonte) on your green receipt — see exactly what your client pays and what you receive — and generate a professional, print-ready invoice.

1 · Calculate your recibo verde

Amount before taxes.
25% applies when the payer is a company (pessoa coletiva).
Art. 53: exempt if your 2025 domestic turnover was below €15,000. Reverse charge: services to VAT-registered EU businesses.
ℹ️ Art. 53 exemption: you don't charge IVA, but you also can't reclaim IVA on business purchases. If you exceed €18,750 during 2026 you lose the exemption.
ℹ️ Reverse charge (autoliquidação): your EU business client accounts for the IVA. You must be VAT-registered and the client must have a valid EU VAT number.
Valor base1 000,00 €
IVA (23%)230,00 €
Total invoiced1 230,00 €
Retenção na fonte IRS (25%) — withheld by client−250,00 €
Net to receive980,00 €

2 · Invoice

A professional invoice is generated automatically from the calculator above. Edit any field before printing or copying.

RECIBO VERDE

Receipt no.
Date

From (prestador)

Seller details are saved in this browser only.

Bill to (cliente)

DescriptionQtyUnit priceAmount
1 000,00 €
Valor bruto1 000,00 €
IVA 23%230,00 €
Retenção IRS 25%−250,00 €
Valor líquido a receber980,00 €
Tip: in the print dialog, set destination to "Save as PDF" and uncheck "Headers and footers" for a clean one-page invoice.

How IVA and IRS withholding work on a Portuguese recibo verde

A recibo verde (green receipt) is the invoice a self-employed worker (trabalhador independente) issues in Portugal. Two taxes can appear on it. IVA (VAT) is charged at the normal rate of 23% on the base amount — unless you qualify for the Article 53 exemption (turnover below the threshold) or the reverse charge (autoliquidação) applies to services for VAT-registered businesses in other EU countries. Retenção na fonte is then subtracted: when your client is a company, it withholds 25% of the base amount as an advance on your IRS (income tax), which you settle in your annual return.

The Article 53 exemption applies in 2026 if your domestic turnover in 2025 was below €15,000 (with a 25% tolerance — exceeding €18,750 during 2026 ends the exemption). Exempt freelancers don't charge IVA but also can't reclaim IVA on their purchases. If you expect low annual income you may also request dispensa de retenção na fonte (withholding waiver) from Finanças. Rates verified for 2026: IVA 23% normal (CIVA), Art. 53 threshold €15,000, IRS withholding 25%.

Frequently asked questions

Who qualifies for the Article 53 IVA exemption in 2026?
Self-employed workers whose 2025 turnover in Portugal was below €15,000, who don't regularly import/export, and whose activity isn't listed in Annex E of the CIVA. Since July 2025 (Decreto-Lei 35/2025), organised-accounting freelancers can also qualify. Exceeding €18,750 during 2026 ends the exemption.
When does the 25% withholding apply?
When the payer is a company or other entity obliged to withhold (pessoa coletiva). Private individuals don't withhold. You can request a waiver (dispensa) if you expect low annual income.
What legal text goes on an exempt invoice?
The invoice must state: "IVA — Regime de isenção — Artigo 53.º do CIVA".
What about invoices to EU business clients?
The reverse charge applies: you invoice 0% IVA with the mention "IVA – Autoliquidação (art. 6.º do CIVA)". You must be VAT-registered for intra-EU services, even if otherwise exempt under Art. 53.
Is the 25% withholding my final tax?
No — it's an advance (pagamento por conta). Your final IRS is calculated on your annual return under the simplified regime (75% of service income taxable) or organised accounting, and the withheld amounts are credited.

Last updated: September 2026 · Rates verified for 2026.

Disclaimer: This tool is for information only and is not professional tax advice. Tax rules depend on your activity and circumstances — consult a contabilista or tax advisor for your specific case.

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