Labor & Taxes
President promulgates decree altering the IRS code
The President of the Republic has promulgated the law that reduces income tax (IRS) rates for the first six brackets by between 0.3 and 0.5 percentage points. These changes are part of the government's plan to lower IRS taxes for the 2026 tax year.
Why it matters
If you are a taxpayer in Portugal, you can expect lower income tax withholding rates starting in the 2026 tax year, potentially increasing your take-home pay.Correio da ManhãRead original ↗
