Portugal

IRS, 15th month, pensions and housing support. This is what the OE2027 brings to families

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 09/10/2026, 06:11:26 UTC.

Briefings

The Portuguese government's 2027 budget proposal introduces significant tax relief for families through updated income tax brackets, a minimum wage increase to 970 euros, and a reduction in solidarity tax thresholds. Key changes include a 3.88% rise in income tax rates for the first 8,666 euros, a 12.5% increase in the solidarity tax threshold from 80,000 to 89,995 euros, and a 3.88% minimum wage hike to 970 euros. The proposal aims to maintain fiscal neutrality by offsetting inflation and wage growth, though it leaves the 2027/2028 academic year tuition fees subject to inflation adjustments.

Key points

• Income tax brackets in Portugal will increase by 3.88% in 2027, raising the first bracket's limit from 8,342 to 8,666 euros and the eighth bracket's limit from 86,634 to 89,995 euros.
• The minimum national wage is set to rise to 970 euros in 2027, fulfilling the 2024 Social Contract agreement and preventing further increases beyond this target.

Context

The 2027 budget proposal aims to provide families with more disposable income by adjusting tax scales, minimum wage, and public service allowances. It seeks to maintain fiscal neutrality by offsetting inflation and wage growth, though it leaves tuition fees subject to inflation adjustments.

Limitations

Coverage is limited to fiscal measures; tuition fee inflation adjustments are mentioned but not detailed. The proposal assumes the 2024 Social Contract agreement remains valid, though the government has indicated potential negotiation for the minimum wage value.

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