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Managing partner salary in 2027: 4 rules for the new year

  • Blog Post
  • Step Inside Accounting, Company

Managing partner salary in 2027: 4 rules for the new year

The minimum wage rises to €970 in January. It’s the right time to review the managing partner’s salary: what it costs the company, why it is still free of IRS and how to pay more with no deductions.
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Step Inside Accounting · Practical guide

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1. The minimum wage goes up €50

The minimum wage rises from €920 to €970 on 1 January. With 14 payments a year, the company spends about €866 more per year, Social Security included.

2. What it really costs

The company pays 23.75% in Social Security and the managing partner contributes 11%. The salary and these contributions are company expenses and reduce corporate tax (IRC).

Example

A €970 salary costs the company €1,200 a month, and the managing partner takes home €863.

3. Still no income tax (IRS)

The tax-free threshold (mínimo de existência) rises to €13,580, exactly 14 minimum wages. Anyone who earns only the minimum wage still pays no IRS and has no tax withheld.

4. Meal allowance: get paid more with no deductions

Up to the legal limit (in 2026, €10.46 per day on a meal card), the meal allowance (subsídio de refeição) is free of Social Security and IRS, and it is a company expense.

Example

€10 a day on a meal card adds up to about €2,420 a year, with no deductions at all.

Team tip

Check with your accountant that January’s payroll already uses €970, and take the chance to decide your 2027 meal allowance.

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This article is for information only and does not replace professional advice. Figures are valid at the date of publication: the 2027 minimum wage and the meal allowance limits may still change.

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