Portugal - Youths will pay less income tax - April 30, 2024

The Minister of State and Finance stressed that the main priority of the government is the drop in the high tax burden by households and companies, focusing particularly on youths up to 35 years, who will pay two-thirds less in income tax compared to their current situation. Fostering this wage boost, the government proposes to move forward with a maximum income tax rate of 15% (except for the last tax bracket) for youths aged up to 35 years.

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For more information, please contact Paul de Beer or Oana Ciuca, De Burcht (Scientific Bureau for the Dutch Trade Union Movement) p.t.debeer@uva.nl or the Head of communications at the ETUI, Mehmet Koksal mkoksal@etui.org. For previous full issues of the Collective bargaining newsletter please visit https://www.etui.org/Newsletters/Collective-bargaining-newsletter or consult the archive with all articles in our database at www.cbnarchive.eu.
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