The income tax reduction announced by Prime Minister Luís Montenegro will be applied already in the November salary. This measure represents the implementation of the tax reduction promised by the government.
The withholding tax table that will be used in November's salary processing will reflect the income tax reduction. This change will be applied retroactively to the entire year, meaning the values will be adjusted from the beginning of the year.
Luís Montenegro is responsible for announcing this tax reduction measure. The government proceeded with the implementation of this reduction in personal income tax.
