Portugal's draft State Budget Law for 2026 (Draft Law No. 37/XVII/1) was submitted to parliament on 9 October 2025. The tax measures of the draft are relatively limited and include:

• The revision of the personal income tax brackets/rates as follows:
  • up to EUR 8,342 - 12.50%
  • over EUR 8,342 up to 12,587 - 15.70%
  • over EUR 12,587 up to 17,838 - 21.20%
  • over EUR 17,838 up to 23,089 - 24.10%
  • over EUR …