António Cotrim / Lusa
The Minister of State and Finance, Joaquim Miranda Sarmento
The PSD and CDS-PP approved this Thursday, in the specialty, with the support of the arrival, a proposal to change the Government’s IRS diploma, to ensure that in 2026 there is an “additional reduction” of the tax.
It was approved this Thursday, in the specialty, by the PSD, CDS, arrives and IL, the IRS rates descent in 2025… but not only.
Before, PSD, CDs and arrives had also left a commitment to “Additional Reduction” of IRS in 2026.
The amendment proposal was jointly presented by the social and centrist social countertops on July 8 and was voted on this afternoon on the Budget, Finance and Public Administration Commission, where it had the favorable votes of the two proponents and arrival.
The PS and Il abstained. Free voted against. In the committee there are also seat, BE and PAN, but the deputies were not present. The vote happened at the same time as the plenary of the Assembly of the Republic was due.
The standard designed by PSD and CDS-PP safeguard that “in the state budget For 2026, the government proposes to reduce, additionally, by 0.3 percentage points the marginal rates from the 2nd to the 5th echelon”.
The commitment meets a bill that came to Parliament and eventually removed from the vote generally after the PSD is committed to lowering the rates next year on those echelons of performance.
During the specialty debate, the PS deputy, Miguel Costa MatosHe accused, an allusion to the expression that Luís Montenegro, still as a PSD leader before being a prime minister, used in September 2023 to exclude the arrival from any “political agreement of governance.”
The deputy classified the initiative of the government as “manifestly regressive” and considered the commitment to the “failure in the word of not no”.
In response to criticism, the PSD deputy, Hugo Carneirodefended the initiative of the benches that support the government, stating that the executive will continue to go down the rates, in particular, to think of the “middle class”.
“We will continue to reduce the IRS to all workers”he said.
IRS descent approved by PSD, CDs, arrives and IL
For this year, with the reduction of IRS now approved in the specialty, IRS rates drop from 1st to 8th echelon.
This initiative was approved by the PSD, CDS-PP, arrives and IL, while the Ps abstained and free voted against.
The displeasure applies to income earned by taxpayers this year. According to the government’s initiative, the rate of the first level goes from 13% to 12.5%, the second drop from 16.5% to 16%, the third low from 22% to 21.5%, the fourth decreases from 25% to 24.4%, the fifth decrease from the current 32% to 31.4%, the sixth is no longer 35.9%, the seventh to 43.1%. And lastly, the eighth low from 45% to 44.6%. The rate of the last yield step continues at 48%.
The descent will also be felt by those in the 9th step, because of the rule of progressivity in the tax calculation.
The government estimates that the displeasure will bring a fiscal relief in the order of 500 million euros.