The tax and social security contribution holiday regime provides a set of deferment and suspension rules for meeting tax and contribution obligations and related tax procedures, as stated by the Order of Certified Accountants (OCC).
The OCC has prepared a guide summarizing the main changes during this period, which can be consulted here.
This document “compiles and systematizes the dates and obligations to be considered” and clarifies some terms associated with this period.
What are the tax and contribution holidays?
According to the OCC, the “tax and contribution holidays regime provides a set of deferment and suspension rules for meeting tax and contribution obligations and related tax procedures.”
Furthermore, “The deadlines regarding the request for fine reduction, early payment, or fine waiver (to be submitted within the defense period after the initiation of the infraction process) that end during August are transferred to the first working day of September.”
Which deadlines are deferred and suspended during August concerning Social Security?
“The contribution holidays are provided in articles 23.º-B of the Social Security Providential System’s Contributory Regimes Code, 27.º-A of the 107/2009, of September 14, which approves the procedural regime applicable to labor and social security offenses, and article 11.º-C of Law No. 70/2013, of August 30, which establishes the legal regimes of the work compensation fund,” it states.
According to the OCC, “the obligations within the scope of the contribution relationship and social security debt regularization, whose deadline ends during August can be fulfilled until the last day of that month, regardless of it being a working day, without any increments or penalties.”
“Excluded from this deferment are the communication of workers’ admission that must be fulfilled within 15 days prior to the contract’s effective date (article 29.º of the Contributory Code) and the deadline for submitting remuneration statements as provided in article 40, which are only extended until August 25,” it states.
Furthermore, “all deadlines related to audit procedures resulting from the application of the contributory regimes of the social security system are suspended during August.”
This means that “a notification received in August, the countdown starts from the first working day of September; if the deadline is notified in July and would end in August, the deadline is suspended during August and resumes its countdown on the first working day of September.”
“Both the Social Security and the Caixa Geral de Aposentações will apply the new tables already in August,” confirmed the Ministry of Labor, Solidarity, and Social Security, resulting in a higher net pension this month.
Beatriz Vasconcelos with Lusa | 06:00 – 08/08/2025
