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 19,696 - 28.5%
- over EUR 19,696 up to 25,076 - 35.0%
- over EUR 25,076 up to 36,757 - 37.0%
- over EUR 3…