Labor & Taxes
November salary comes with more money. But watch out for the 2027 IRS
The tax relief in the IRS (personal income tax) includes retroactive effects that will be processed automatically in the November salary. Experts warn that this adjustment may result in smaller tax refunds in 2027, and some taxpayers might even face a tax balance to pay when filing their 2027 returns.
Why it mattersIf you are an employee in Portugal, you will see a temporary boost in your November net pay due to retroactive tax cuts, but you should budget for the possibility of a smaller tax refund or a potential tax debt when you file your returns in 2027.
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