The Government and social partners will meet on Wednesday in Social Dialogue, with the presence of the Finance Minister, Joaquim Miranda Sarmento, for the presentation of information on the 2027 State Budget proposal. In this context, employer confederations urge the executive to reduce the tax burden on companies. CCP is preparing a package of measures with fiscal, labor and economic impact, while CAP advocates measures that promote housing for workers and protection of the forest sector. CIP calls for gradual reduction of the corporate income tax rate, progressive elimination of surtaxes and reinforcement of fiscal incentives for investment.
The trade union federations UGT and CGTP call for measures to improve workers' living conditions. UGT advocates for the revision of the tripartite agreement on wage appreciation and a fiscal policy that values work income, through adequate fiscal effort in income tax. CGTP demands a new fiscal policy that eases taxation on workers and focuses on large capital income, in addition to strengthening public services.
Regarding the national minimum wage, which currently stands at 920 euros and is expected to rise to 970 euros in 2027 by decree-law, the trade unions consider there is room for an upward revision. UGT states this is the year to make a larger quantitative leap, while CGTP advocates that the minimum wage should rise to
