“Tax reduction is an essential point for this Regional Government, in fulfilling the promise made of the financial balance of families and support for companies”, said the Secretary of Finance, Rogério Gouveia, indicating that in 2024 the impact was 170 million euros, of which 99.7 million in Personal Income Tax (IRS).

“After having applied the maximum reduction to the IRS rate in 2023 from the 1st to the 4th bracket, which will be maintained this year, we are now applying this 30% reduction to the 5th bracket again”.

Rogério Gouveia stated that the budget proposal certifies the “Regional Government's commitment to reducing taxes”, but refused to include the fiscal measures indicated by the majority of opposition parties, which defend a 30% reduction in all taxes already in force.