Portugal: INEM Rate Confirmed at 2.5%

Edit Buliczka

July 16, 2026

Further to our previous alert of 8 June 2026, in which we reported a proposed increase in the INEM insurance levy from 2.5% to 3.5%, we can confirm that the increase has not been enacted.

The new INEM organic law was published on 16^th July 2026 in the Diário da República. The published text contains no amendment to the rate. The levy rate charged on Life, Health, Accident and Motor insurance premiums remains unchanged at 2.5%.

Sign up for Email Updates

Stay up to date with the latest tax and compliance updates that may impact your business.

Author

Edit Buliczka

Edit is a senior regulatory counsel. She joined Sovos in January 2016 and has extensive IPT knowledge and experience. Her role ensures the IPT teams and systems at Sovos are always updated with legislative changes. She is a Hungarian registered tax expert and chartered accountant and has worked for companies in Hungary including Deloitte and KPMG and as an indirect tax manager she worked for AIG in Budapest. She graduated with an economist degree from Budapest Business School, faculty of finance and accountancy and also she has a postgraduate diploma from ELTE Legal University in Budapest.

Share This Post