The requirement to submit the income tax return by 20 January
Article 119 of the IRS Code establishes a set of reporting obligations for entities that pay income, contributing to the reliability of the tax information that underpins the calculation of tax due by taxpayers. Despite the increasing digitisation of tax processes and the sometimes entrenched perception that some of these ...
January salaries may increase by up to €22 with new income tax tables
Salaries paid in January could rise by as much as €22 due to updated IRS (personal income tax) tables being applied.
Some people save €22 a month with new IRS withholding tables. See the simulations
With the new year underway, the Government has published the IRS withholding tables that will be applied to salaries and pensions throughout 2026. Simulations carried out by EY for ECO show that the net monthly income of several workers in Portugal will increase, with some even ...
New IRS tables guarantee monthly tax exemption up to €920
The new IRS withholding tables that will apply to wages and pensions in 2026 have been published on the Finance Portal, reflecting the IRS cut and ensuring tax exemption for amounts up to €920.
Income taxes in Portugal to be reduced
Home News Income taxes in Portugal to be reduced Income taxes in Portugal to be reduced To reflect the new reduction in income tax at the start of 2026, the government will need to update the withholding tax tables applied to employees and pensioners.
Personal income tax refund approved
Home News Personal income tax refund approved Personal income tax refund approved Funchal’s Municipal Assembly has approved the municipality’s 2026 budget and fiscal package, maintaining a 5 percent personal income tax refund, the minimum 0.
Aveiro returns more income tax to its residents
The Municipal Chamber of Aveiro approves a tax package for 2026. Taxes and fees remain unchanged, and there is a reduction in the income tax share. This edition marks the third week of 'Happy Holidays'.
The Rich Are Getting Richer
In this episode, we discuss the disparity in wealth distribution worldwide. We cover the general strike scheduled for this Thursday. We also talk about the government's measure to reduce income tax to 10% for landlords who put their properties on the rental market. We conclude with the vote for the new president of the Eurogroup.
Short-term housing rents will also have a 10% income tax
All rental contracts with rents within the so-called moderate values (i.e., up to 2,300 euros per month) will be subject to the 10% income tax proposed by the Government for property income, regardless of the duration of the contracts, as long as they comply with the limits set out in the Civil Code. According to a clarification ...
Aprop pleased with tax reduction in housing
The reduction of VAT to 6% in construction and the decrease of income tax from 25% to 10% on rents are “positive measures that will make a huge difference” in the housing sector, believes the Aprop leader.
Landlords' income tax drops to 10% on all contracts with moderate rents
Property owners with rented properties may soon see a significant reduction in their tax bill. The housing bill submitted by the Government to the Assembly of the Republic on Tuesday proposes that the autonomous income tax rate on rental income decreases from 25% to 10% for those who charge rents up to ...
Will we (really) pay less taxes in 2026?
Tax expert Nuno Oliveira Garcia analyses the final version of the State Budget for 2026 and explains whether taxpayers will save or pay more in income tax, property tax, and capital gains tax on inheritances.
Those over 65 who reinvest the capital gains from the sale of their home in a retirement supplement are exempt from income tax
The tax authority clarifies that it is possible to move the amount after ten years without any penalties
