All news
Politics
Business
Technology
Incidents
Sports
Weather
Science
Entertainment
World
Real Estate
AI News
New IRS cut reaches two million families and is worth 400 millionPhoto by raymondfani on Pexels
BusinessSantarém

New IRS cut reaches two million families and is worth 400 million

TV RECORD EUROPA8 September 2026 at 18:46

The prime minister announced a new IRS cut that will cover approximately two million Portuguese families. This measure represents a financial impact of approximately 400 million euros.

According to the announcement made by the government official, a reduction in withholding taxes is planned for November. This reduction will be applied to both the monthly salary and the Christmas bonus of workers.

This news was disseminated by TV RECORD, which invites readers to consult other news on their official website. The announcement comes in the context of government fiscal policies to support Portuguese families.

Related articles

Quatro amigos apostam num novo espumante de AlvarinhoPhoto by joshhuynh13 on Pexels
Business

Four friends bet on a new Alvarinho sparkling wine

Four friends – David, Henrique, Paulo and Nuno – recently launched an Alvarinho sparkling wine, following the success they had already achieved with gin and wine. Produced from the Alvarinho grape variety, this sparkling wine stands out for its fine and persistent bubble, its freshness, and its connection to the history and culture of the region. The 2025 harvests began in August, without affecting the quality of the product. The group intends to continue growing and expanding the brand, while maintaining its roots.

Alto Minho TV08/09/26, 20:30
Preço do gás na Europa atinge máximos de três anos devido ao conflito no Médio OrientePhoto by keulefm on Pexels
Business

Gas price in Europe hits three-year highs due to Middle East conflict

Natural gas prices on the European market reached their highest level since January 2023 this Tuesday, exceeding 76 euros per megawatt-hour, a rise of more than 4% driven by the Middle East conflict. Gas has appreciated more than 140% in Europe since the beginning of the attacks between the United States and Iran, at the end of February. The concern also relates to the possible risk of toll charges for passage through the Strait of Hormuz, one of the world's main routes for gas and oil transport, which led the United Arab Emirates to state that this constitutes a "red line". In parallel, the price of a barrel of Brent approached 100 dollars. The rise in energy prices increases inflationary pressure, which could lead the European Central Bank to raise interest rates again at its meeting on Thursday. The European Commission stated that, despite gas storage levels being lower than in previous years, there is currently no immediate risk to supply in the EU.

Eco08/09/26, 20:23
Gasolina teve o maior aumento em três anosPhoto by WikiImages on Pexels
Business

Gasoline had the biggest increase in three years

Fuels in Portugal recorded significant increases, with gasoline rising eight cents per liter — the biggest increase in more than three years, since July 2023 — and diesel increasing 7.5 cents, the biggest since July this year. Initially, ACP estimated increases of 12 cents for gasoline and 15 cents for diesel, but the impact was softened by the update to government support. Since the attack on Iran

Eco08/09/26, 20:18
Parpública confirma entrada do Estado na RENPhoto by juliasorokina on Pexels
Business

Parpública confirms State entry into REN

Parpública confirmed that the Portuguese State now holds 13.7% of REN, after completing the acquisition of 91.7 million shares in the company responsible for the national electricity and gas networks. The operation, agreed on August 14, was completed after the departure of Pontegadea Inversiones, the investment company of the owner of Zara, making the Portuguese State a reference shareholder with a qualified stake exceeding both the 5% and 10% thresholds of voting rights. The value of the transaction was not officially disclosed, although the Jornal Económico reported that the contract sent to the Court of Auditors indicated a value of 380 million euros. State Grid Corporation of China remains the largest shareholder with 25%.

Eco08/09/26, 20:14