The Government announced a new reduction in IRS, the personal income tax in Portugal. This reduction comes within the scope of a tax relief policy for taxpayers.
According to available information, the relief could be between 60 and 120 euros for the majority of taxpayers. This is a value that represents a moderate relief in the tax contributions of many Portuguese people.
In specific cases, the discount could reach a maximum of 240 euros, a higher amount that benefits taxpayers with different income profiles. This IRS reduction is part of a government strategy to reduce the tax burden on workers.
