Portugal's individual income tax brackets for 2016 have been adjusted as follows: up to EUR 7,035 - 14.5% over EUR 7,035 up to 20,100 - 28.5% over EUR 20,100 up to 40,200 - 37.0% over EUR 40,200 up to 80,000 - 45.0% over EUR 80,000 - 48.0% The applicable rates for each bracket are unchanged.