State Budget

Company bosses will have to fork out an extra €866 per annum for each employee because the minimum wage has gone up from €870 to €920 per month starting from January 1. The wage increase adds an [...]

Portugal’s State Budget for 2026 will introduce a number of changes in taxes approved by parliament and coming into force from January, 2026. First off, IRC tax has fallen by 1% to 19%. It had [...]

The Portuguese State recorded a surplus of €2,836 million euros up to November, with an improvement of €633.9 million euros on 2024, according to the budget execution summary. “The balance [...]

The European Commission has given the green light to Portugal’s State Budget for 2026 but has flagged significant risks of reneging on Stability and Growth Pact rules. And the EU spending [...]

Portugal’s Budget for 2026 has been approved with abstention from the opposition PS Socialist party. Voting for the budget were the PSD and CDS-PP governing parties with the other parties such as [...]

Despite the scores of amendments from political parties proposed for Portugal’s State Budget 2026, it is “comforting to see so much calm in the political discussion over Portugal’s outline State [...]

Portugal’s political parties have submitted 2,176 proposals to amend the State Budget for 2026 (OE2026), a new record, according to the information available on the website of the Assembly of the [...]

Portugal’s draft budget for 2026 has been approved overall in the Portuguese parliament with the ruling centre-right PSD and CDS-PP parties voting in favour and abstentions from the opposition [...]

Portugal’s public spending watchdog, the Council for Public Finances (CFP) has warned that calculations for the country’s budget surplus don’t add up and has called on the government to show more [...]

The government estimates that it can save €1.2Bn of waste by identifying inefficient and ineffective expenditure and looking at ways of making savings in the areas of public administration, heath [...]