The corresponding order was issued by the Portuguese Secretary of State for Tax Affairs on August 26.
Including the amendments, the thresholds and rates of personal income tax are revised and changes are made to the tax deduction. For example:
up to 7703 euros – rate 13.00% (previously 13.25%)
7703 euros – 11623 euros – rate 16.50% (reduced from 18.0%)
11623 euros – 16472 euros – rate 22.00% (reduced from 23.0%)
16472 euros to 21321 – rate 25.00% (reduced from 26.0%)
21321 euros to 27146 – rate 32.00% (reduced from 32.75%)
27146 euros to 39971 – rate 35.50% (reduced from 37.0%)
39971 euros to 43000 – rate 43.5%
43,000 euros up to 80,000 – rate 45.0%
more than 80,000 euros – rate 48.0%.