Labor & Taxes

Condeixa-a-Nova reduces municipal IRS tax rate and maintains IMI

The municipal executive approved lowering the variable IRS participation rate from 4% to 3.5% for 2027 income, which will be collected in 2028. Additionally, the IMI rate for urban properties remains at the minimum of 0.30%, with fixed deductions for families with dependents, alongside specific discounts for certain parishes and surcharges for degraded buildings.

Why it matters

If you are a tax resident in the municipality of Condeixa-a-Nova, you will see a slight decrease in the municipal portion of your IRS in 2028, and the property tax (IMI) rates for your home remain unchanged from the current minimum levels.

Observador· 1d agoRead original ↗

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Amadora maintains minimum IMI rate on urban buildings and lowers IRS participation to 3.25%

Amadora City Council approved a proposal to maintain the minimum IMI tax rate of 0.3% on urban properties and reduce the municipal IRS participation rate from 3.5% to 3.25% for 2027. The plan also includes fixed IMI deductions for households based on the number of dependents (30 euros for one, 70 euros for two, and 140 euros for three or more) and a derrama tax exemption for small and medium-sized companies with an annual turnover up to 150,000 euros. The proposal must still be submitted to the Municipal Assembly for final approval.

Observador· 4d agoRead original ↗

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Labor & Taxes

Decree-law reducing 2026 IRS tax rates published in the Diário da República

The government has published Decree-Law 212/2026, which reduces the IRS tax rates for the first six income brackets for the 2026 tax year. Because the change is retroactive to January, the government is applying a one-time 50% reduction to income tax withholdings (retenção na fonte) on salaries and pensions paid in November. Normal withholding rates will return in December. High earners with monthly income above 20,000 euros for employees or 18,000 euros for pensioners are excluded from this 50% November reduction.

Correio da Manhã· 6d agoRead original ↗

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Portalegre Municipal Assembly approves maintaining tax rates for 2027

The municipality of Portalegre has voted to maintain the current Municipal Property Tax (IMI) rate for urban buildings at 0.30%, the Municipal Income Tax (IRS) participation rate at 3.25%, and continue the exemption for the municipal surcharge (Derrama) throughout 2027.

Observador· 1mo agoRead original ↗

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