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 23,089 up to 29,397 - 31.10%
- over EUR 29,397 up to 43,090 - 34.90%
- over EUR 43,090 up to 46,566 - 43…