The Lisboeta

OE2026: New year brings cut to personal income tax and relief reflected in monthly withholdings

Thursday, 1 January 2026RSS
OE2026: New year brings cut to personal income tax and relief reflected in monthly withholdings

The 2026 State Budget (OE2026) introduces a reduction in IRS (personal income tax), resulting in lower monthly withholding taxes taken from wages and immediate financial relief for taxpayers.

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