Law clarifies on Social Security charges for employers that have dropped out of the “Extraordinary Incentive for Business Regularization”
Portugal Labor Alert
Published in the official gazette Rule no. 205/2022, of 11 August, clarifying the terms and conditions applicable to employers that dropped out of the “Extraordinary Incentive for Business Regularization” (introduced by Decree-law no. 27-B/2020, of 19 June and regulated by Rule no. 170-A/2020, of 13 July), regarding the 50% exemption of Social Security charges for the employer.
This amendment aims to clarify that the employers that, up to 31 December 2020, dropped out of the “Extraordinary Incentive to Business Regularization” to access the “Extraordinary Aid for the Progressive Resumption of Activity” (introduced by Decree-law no. 46-A/2020, of 30 July), were entitled to keep the 50% exemption of Social Security charges.
For further details regarding the “Extraordinary Incentive to Business Regularization”, please click here.
The effects of this legal amendment go back to 19 November 2020.
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