The government program was delivered today to the Assembly of the Republic and will be debated in Parliament next Tuesday and Wednesday. Among the measures presented, there is a proposal to review the strike law, as well as changes to labor legislation.
In the fiscal level, the government enrolls a reduction of 2 billion euros in the IRS until the 8th level, to apply by 2029. For 2025, an additional decrease of 500 million euros, outside the budget, is scheduled. The goal is to alleviate the tax burden on labor income, pensions and savings.
One of the measures for salary appreciation is the creation of accounts-free taxes.
Also the companies are covered with a gradual IRC rate, which should reach 17% by 2029. For the SMEs, the rate applicable to the first 50 thousand euros of profit will be 15%.
The government also promises to pay suppliers in 30 days and proposes tax benefits to encourage the concentration of companies. It is also expected that, in the same business group, VAT can be treated as if it was one company, reducing administrative charges.
The goal for the minimum wage is 1,100 euros in 2029, and the average salary should reach 2,000 euros.
In the work area, the executive wants to make the work regimes more flexible. The return of twelfths in vacation and Christmas subsidies, if the worker requests it, is one of the proposals. Another is the possibility that workers can buy vacation days, with a limit to define in contract.
There is also a new provision of work incentive, which would allow to accumulate work income with social support, such as social income of insertion.
The government also considers to extend the parental license, allowing it to be shared with caregivers who are not the parents, in situations where only one parent has the child’s custody.
