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        Tax

         Employees to get 3.6% pay rise in State Budget 2026 – IRS tax down but total taxes up 4.5%
        0
        By Christopher Graeme
        In News, State Budget, Tax, Tax cuts
        Posted 9 Outubro, 2025

        Employees to get 3.6% pay rise in State Budget 2026 – IRS tax down but total taxes up 4.5%

        Portugal’s Finances minister Joaquim Miranda Sarmento pledged a 3.6% increase for employees when he unveiled the government’s outline State Budget for 2026 on Thursday. And the minister pledged a [...]

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         New IRS scales imply 3.5% increase in taxes in 2026 despite 3% offset
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        By Christopher Graeme
        In IRC, IRS, News, Tax, Tax cuts
        Posted 3 Outubro, 2025

        New IRS scales imply 3.5% increase in taxes in 2026 despite 3% offset

        IRS brackets and respective tax hikes must be updated in 2026 by at least 3.51%, according to a formula that combines productivity and inflation, published in an ordinance this Friday in the [...]

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         Portugal’s tax burden would rise to 43% of GDP without immigrants
        0
        By Christopher Graeme
        In Immigration/Emigration, News, Tax
        Posted 1 Outubro, 2025

        Portugal’s tax burden would rise to 43% of GDP without immigrants

        As the government supported by populist party Chega is preparing to restrict immigration, a study has shown that reducing immigration to ‘zero’ would mean putting up taxes by 7.9% in Portugal to [...]

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         Developers urge back pedal on property transfer tax decision for non-residents for international credibility’s sake
        0
        By Christopher Graeme
        In APPII, News, Property, Tax
        Posted 29 Setembro, 2025

        Developers urge back pedal on property transfer tax decision for non-residents for international credibility’s sake

        The President of Portugal’s Association of Real Estate Developers and Investors (APPII) has warned that the government ’s decision to put up property transfer taxes for non-residents could send [...]

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         Portugal could post 0.1% surplus for 2025
        0
        By Christopher Graeme
        In IRC, IRS, News, Surplus, Tax
        Posted 29 Setembro, 2025

        Portugal could post 0.1% surplus for 2025

        Despite warnings that Portugal risks returning to running an annual budget deficit, its Minister of Finances, Joaquim Miranda Sarmento, has two options to ensure that the government makes a [...]

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         Business associations call for scrapping of first five IRS brackets – “taxes are immoral”
        0
        By Christopher Graeme
        In Business, Business associations, IRC, IRS, News, Tax, Tax cuts
        Posted 26 Setembro, 2025

        Business associations call for scrapping of first five IRS brackets – “taxes are immoral”

        The Business Roundtable Portugal association (BRP), which brings together 142 business leaders, has sent an open letter to the government calling for the scrapping of the first five IRS tax [...]

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         VAT on construction cut to 6%
        0
        By Christopher Graeme
        In House prices, Housing, Housing crisis, Housing market, News, Rental housing, Rental market, Tax, Tax cuts
        Posted 26 Setembro, 2025

        VAT on construction cut to 6%

        Portugal’s government has approved reducing VAT on construction to 6% and the creation of Build to Rent contracts with tax benefits. However, the government will put up property transfer tax or [...]

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         Sovos sets up European hub in Lisbon
        0
        By Christopher Graeme
        In Billing, Consultancy, News, Tax
        Posted 26 Setembro, 2025

        Sovos sets up European hub in Lisbon

        Sovos, a multinational advisory specialised in tex compliance, e-invoicing and tax reporting, has chosen Lisbon as its main European hub. The company’s Managing Director Europe, Rui Fontoura says [...]

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         Company bosses call for tax slash for small companies
        0
        By Christopher Graeme
        In Corporation tax, News, State Budget, Tax
        Posted 24 Setembro, 2025

        Company bosses call for tax slash for small companies

        IRC tax on small and medium companies and companies of average capitalisation, which is currently being discussed in parliament, should fall to 15% on the first €100,000 of taxable revenues and [...]

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         Geopolitical situation more of a worry to Portuguese companies than the tax burden
        0
        By Christopher Graeme
        In Deloitte, News, Surveys and Studies, Tax
        Posted 22 Setembro, 2025

        Geopolitical situation more of a worry to Portuguese companies than the tax burden

        The latest survey from the Deloitte Tax Observatory reveals that Portugal’s companies are more worried about the geopolitical situation and the effects of US tariffs than Portugal’s tax burden as [...]

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