Draft Law for 2022 Budget Submitted in Portugal's Parliament Including New Incentive Regime for Recovery
The draft law for Portugal's 2022 Budget (Bill 116/XIV/3) was submitted in parliament on 11 October 2021. Some of the main tax-related measures are summarized as follows:
- The revision of the personal income tax brackets/rates, including the two additional brackets as follows:
- up to EUR 7,116 - 14.50%
- over EUR 7,116 up to 10,736 - 23.0%
- over EUR 10,736 up to 15,216 - 26.5%
- over EUR 15,216 up to…