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Portuguese Budget Expected To Alter Personal Income Taxes

by Ulrika Lonas, Tax-News.com, Brussels

31 August 2017


Portugal's Government is planning to hike the personal income tax exempt threshold.

Portuguese newspaper Jornal de Negócios cited government officials as saying that the current threshold of EUR8,500 (USD10,056) would likely be hiked to EUR9,000.

The Government is expected to rejig personal income tax rates and thresholds more broadly in the upcoming 2018 Budget, to secure support from smaller political parties, and alleviate bracket creep for middle-income taxpayers.

TAGS: tax | Portugal | tax reform | individual income tax

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