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Tax reductions will cost more than one billion euros in the next State BudgetPhoto by Raquel Tinoco on Pexels
Politics
Экономика

Tax reductions will cost more than one billion euros in the next State Budget

TVI Notícias3 September 2026 at 22:45

The tax reductions planned for the next State Budget will cost more than one billion euros. This tax reduction represents a significant impact on State revenues.

However, the Government predicts a positive fiscal and contributory revenue balance of 259 million euros. This positive result is mainly due to increases in wages and pensions, as well as growth in social contributions.

In total, the adopted measures will have a budgetary impact of 4,800 million euros. This overall value contrasts with the cost of tax reductions, which represent a smaller share of the set of measures.

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