News Review: Rubio in Portugal, rape doctor remanded & pension payment clawbacks

Cost of Living

Portugal is set to raise €8 million an hour in tax revenue

The 2027 State Budget proposal forecasts a total tax revenue of €70.67 billion, an increase of €2.86 billion over 2026. While the government plans €552 million in IRS tax relief through adjustments to tax bands and allowances, overall tax intake is expected to rise due to higher VAT receipts and taxes on tobacco and petroleum products.

The Portugal News· 3h agoRead original ↗

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Cost of Living

Prime Minister completely rejects lowering VAT from current 23% to 21%

The Prime Minister rejected a proposal by the Livre party to reduce the standard VAT rate from 23% to 21% as part of the 2027 State Budget discussions. The government maintains that such broad tax cuts primarily benefit higher-income households rather than the most vulnerable.

Diário de Notícias· 4h agoRead original ↗

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Cost of Living

Diesel price with minimal drop next week, while gasoline rises

Forecasts for next week indicate the average price of diesel will drop to €2.136 per litre, while gasoline will rise to €2.123 per litre.

Expresso· 4h agoRead original ↗

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News Review: Rubio in Portugal, rape doctor remanded & pension payment clawbacks

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More on Cost of Living

Portugal is set to raise €8 million an hour in tax revenue

Prime Minister completely rejects lowering VAT from current 23% to 21%

Diesel price with minimal drop next week, while gasoline rises