State Budget
2025
A “Youthful” Budget
Stay alert to tax changes introduced by the 2025 State Budget Law Proposal. With the support of PwC experts, understand the impact of the new measures on your daily life, both at a business and personal level.
PwC clarifies your doubts!
2025 State Budget – Law Proposal No. 26/XVI/1
Stay up to date with the news planned for next year, such as the expansion of the “Youth PIT” (“IRS Jovem”), the update of the PIT general rates and the reductions in the CIT. Read the article by Rosa Areias, Tax Lead Partner at PwC Portugal.
Learn in Detail the Key Aspects of the 2025 State Budget Law proposal. At PwC, we explain everything about the anticipated tax changes for each tax.
We tell you everything
The limits of the brackets for the general PIT rates are updated by 4.6%, above the projected inflation rate.
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The standard CIT rate is reduced by 1 percentage point, dropping to 20%.
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Changes are expected to the reduced VAT rate for housing construction.
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The capitalisation of companies is now (even) more attractive.
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and Levies
The brackets for determining the Real Estate Transfer Tax (IMT) rate for residential urban properties are updated by 2.3%.
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A team at your disposal!
Meet the PwC team that can help you understand the impact of the tax changes anticipated in the 2025 State Budget Law Proposal.
The panorama of previous years
Capture the highlights of previous years State Budgets.
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