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Budget 2018 – no change envisaged to Non Habitual Resident tax break

6252The Portuguese cabinet has approved the 2018 State Budget Proposal, at the end of a 14-hour meeting on October 12. The Minister of Finance, Mário Centeno, will present the proposal and accompanying report to MPs for discussion and approval.

The final vote on the 2018 State Budget will be on November 28th, giving enough parliamentary time to make additions and amendments if there are any difficult areas but with income tax cuts for low earners and only small increases in other areas, the budget looks to be the mildest for many years.


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