What does the new IRS reduction in November mean? Majority of taxpayers may have relief of up to 120 euros
Business

What does the new IRS reduction in November mean? Majority of taxpayers may have relief of up to 120 euros

SAPO Notícias10 September 2026 at 10:48

The new IRS reduction announced by the Government could result in a tax relief for Portuguese taxpayers. According to the available information, the majority of taxpayers can benefit from a relief between 60 and 120 euros.

In specific cases, the maximum discount can reach 240 euros. This IRS reduction is part of the measures announced by the Executive and should be applied starting in November.

The measure aims to mitigate the tax burden on taxpayers, representing a significant financial relief for Portuguese families.

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