The Portuguese government predicts a record increase in the tax burden in response to the COVID-19 pandemic.

According to the Portuguese environmental portal Eco Sapo, the Portuguese government predicts an increase in the tax burden this year to a record level of 37.3%. This is 0.2% more than last year, when the tax burden was 37.1%.

The reason for the increase in the tax burden is the support measures introduced in response to the COVID-19 pandemic, the government said. These include unemployment subsidies, financial assistance for companies and healthcare support.

Due to the increased tax burden, many Portuguese can expect higher taxes on income, property, cars and other goods and services.

Government officials noted that they have done everything possible to minimize the impact of the tax increase on citizens and companies, but due to the economic impact of the COVID-19 pandemic, this has become a necessity to ensure the sustainability of the country’s budget.

Despite the increase in the tax burden, the government promises to continue working to reduce the budget deficit and support economic growth.