Portugal's Secretary of State for Tax Affairs has issued an order dated 26 August 2024 on new monthly withholding tax tables for income from employment and pensions considering amendments introduced by Law No. 33/3024 and Law No. 32/2024, which were published in the Official Gazette on 7 August 2024. With the amendments, the personal income tax bracket thresholds and rates are revised as follows, along with related income tax deduction changes:
- up to EUR 7,703 - 13.00% (down from 13.25%) …