The Portuguese Government announced that taxpayers will start paying less income tax starting in November. This measure aims to reduce the monthly tax burden of Portuguese workers through lower withholding taxes.
Retirees will also be included in this additional financial support. By the end of the year, pensioners will receive a bonus that can reach 200 euros.
This initiative is part of a broader set of measures by the Executive to support Portuguese families given the current economic situation. The objective is to reinforce citizens' purchasing power.
The new taxation rules will be applied automatically, with no additional procedure required by taxpayers to benefit from this tax reduction.
