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Proposal by the Government for a Fall in the IRS Has Already Entered Parliament

Summary by Noticias Ao Minuto
In the communication, the Council of Ministers pointed out that the proposed proposal "lets a new relief from tax burden, further reducing marginal rates on all scales up to the 8th scale". The Government proposal provides for a reduction of IRS rates of 0.5 percentage points between the first and third scales, 0.6 percentage points between the fourth and sixth and 0.4 percentage points on the seventh and eighth. In the same note, the Council of…
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The Executive intends to advance in a m s face to which it was verified last year by the change in IRS rates

The Executive Director of CNN Portugal, Pedro Santos Guerreiro, details the Government's plan to lower IRS and recalls that the same must still be approved in Parliament by Comea or PS

·Portugal
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The Government's proposal for the revision of IRS rates has already entered the Assembly of the Republic, according to the prime minister, in an interview with RTP. What impact will these changes have on the Portuguese savings?

Executive approves additional cut of 500 million euros in IRS, with impact on the first eight income brackets and retroactive effect to January 2025. The Government approved a new reduction in Personal Income Tax (IRS), in the amount of 500 million euros, with effect from 2025. The decision was taken at an extraordinary Council of Ministers and comes as a implementation of one of the measures provided for in the Government Program. The proposal,…

The reduction of IRS rates will allow a married couple with two children and gross monthly income of EUR 1,500 to see an annual reduction of EUR 165 in IRS payment.

In the communication, the Council of Ministers pointed out that the proposed proposal "lets a new relief from tax burden, further reducing marginal rates on all scales up to the 8th scale". The Government proposal provides for a reduction of IRS rates of 0.5 percentage points between the first and third scales, 0.6 percentage points between the fourth and sixth and 0.4 percentage points on the seventh and eighth. In the same note, the Council of…

·Portugal
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Jornal de Negócios broke the news in Porto, Portugal on Wednesday, June 25, 2025.
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