Portugal New Tax and Social Program until 2028

The Potrugal government has approved the State Program of the XXIV Constitutional Government, covering the period until 2028. This action plan has already been presented in parliament and will be implemented gradually after its approval.

The program represents a significant change in Portugal’s life compared to the previous government. It addresses many aspects, but in this article, we will discuss three of the most relevant topics for our readers: taxes, immigration policy, and housing.

Regarding taxes, the Prime Minister announced a plan to reduce income tax (IRS) rates for citizens up to the 8th group, leading to an overall tax reduction of approximately 1.5 billion euros compared to the previous year. Changes in other areas of taxation are also proposed:

You can reach the full document via this link.

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