State Budget
2025
A “Youthful” Budget
Stay alert to tax changes introduced by the 2025 State Budget Law. 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!
Learn in Detail the Key Aspects of the 2025 State Budget (Law 45-A/2024). 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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Expansion of the application of reduced VAT rates to food products intended for infants and young children and access to bullfighting.
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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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The panorama of previous years
Capture the highlights of previous years State Budgets.
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