Edition 1450
18 November 2017
Edition: 1450

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Draft 2018 budget ‘penalises families with more children’

by TPN/ Lusa, in News · 09-11-2017 14:58:00 · 0 Comments

Portugal’s draft state budget for 2018 “ignores” dependants, “strongly penalises” families and fails to take account of the number of children in calculating education expenses, according to a lobby group for families with more than the average number of children.

In a statement, the Portuguese Association of Large Families (APFN) said that the budget bill given its first reading last week “confirms that the family is far from [being among] the strategic priorities for the country” and that “many of the errors from the past” have been maintained or worsened in it.
The draft budget contains measures that “could be praiseworthy” but “suffer from the same flaw of not considering each dependant (children or elderly parents) in calculating taxes,” it argues.
In the case of education expenses, the APFN notes, the maximum amount that can be deducted from income tax is €800 for the first child, but this falls to €400 for the second and €250 from the fourth.
Portugal, the association states, is one of the European Union member states that set aside the lowest percentage of gross domestic product for policies to help families. At 1.44%, the figure is around half the Eurozone average, it said, citing an International Monetary Fund report from 2016.
“This signal is the opposite of what the country needs, at a moment of deep demographic deficit in which families, more than ever, should be stimulated in their decisions to have more children,” the group states.

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Edition 1450
18 November 2017
Edition: 1450

Read this week's issue online exactly as it appears in print.

Twitter