November Salary and Christmas Allowance with Half IRS Retention
12 Articles
12 Articles
Retention rates in the source of RSI are reduced to half in November and in the Christmas grant. Salaries and pensions in December return to normal.
The IRS retention tables will integrate in November the decrease of approved IRS rates in Parliament. The cut in the source retentions will be 50%. In December the retentions in effect return.
The Government will reduce by 50% the IRS withholding tax on labour income and pensions paid during the month of November.
Diário de Coimbra
diarioaveiro.ptIRS retention at source will have a 50% cut in November
Dnoticias
PublicoThe retention of the IRS at the source will have a 50% cut in November to reflect the mid-term decline of the tax approved in parliament, reapplying the current rates in December, announced today the Government. In a statement sent to the editors, the Ministry of Finance explains that "after the approval in parliament of the new reduction of the IRS, with effect from January 1, 2026, the Government decided to reduce by 50% the withholding tax ap…
The adjustment of the November tables happens so that "the families benefit immediately from this descent, not having to wait for the IRS's hit next year," the government justifies.
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