🇵🇹 Daily Portugal news for expats & investors — FREE Subscribe

The Portugal Brief

Sign in Subscribe

News

Breaking news and developing stories from across Portugal.

OECD Taxing Wages 2026 Lands With Portugal Among the Eleven Economies Where Labour Tax Fell — Average-Wage Wedge Drops to 39.3% After a Second Round of IRS Reform

OECD Taxing Wages 2026 Lands With Portugal Among the Eleven Economies Where Labour Tax Fell — Average-Wage Wedge Drops to 39.3% After a Second Round of IRS Reform

The OECD's Taxing Wages 2026 report, released 22 April, puts Portugal's single-worker labour tax wedge at 39.3% for 2025 — down a third consecutive year from 41.1% in 2023. Portugal is one of only 11 OECD economies where the wedge fell in 2025, against an OECD mean of 35.1% and an EU mean of 41.7%.

President Seguro Promulgates Diploma Extending the 'Direito ao Esquecimento' to HIV, Hepatitis C and Diabetes — Cancer Survivors, Chronic Patients and Disabled Borrowers Move Closer to a Non-Discriminatory Credit and Insurance Market

President Seguro Promulgates Diploma Extending the 'Direito ao Esquecimento' to HIV, Hepatitis C and Diabetes — Cancer Survivors, Chronic Patients and Disabled Borrowers Move Closer to a Non-Discriminatory Credit and Insurance Market

Seguro promulgated on 22 April a diploma extending Portugal's 'direito ao esquecimento' to HIV, Hepatitis C and Diabetes on top of oncological disease — binding banks, insurers and, for the first time, insurance mediators. What changes and how covered borrowers can use the new regime.

Paulo Carmona Takes the Presidency of Infraestruturas de Portugal as IP's 2025 Net Result Hits €135M — Cresap Clears DGEG Chief to Replace Miguel Cruz

Paulo Carmona Takes the Presidency of Infraestruturas de Portugal as IP's 2025 Net Result Hits €135M — Cresap Clears DGEG Chief to Replace Miguel Cruz

Cresap has cleared former DGEG chief Paulo Carmona as next president of Infraestruturas de Portugal, starting May. IP posts €135M 2025 net profit (+8.8%) — a record since 2015. Carmona inherits the TGV Porto–Lisboa line, Porto–Vigo, and the Lisboa–Madrid link with the Third Tagus Crossing.

Tribunal Constitucional Overrides the Fisco on IRS Mais-Valias — Acórdão 330/2026 Widens the Reinvestment Exemption to Construction Credit

Tribunal Constitucional Overrides the Fisco on IRS Mais-Valias — Acórdão 330/2026 Widens the Reinvestment Exemption to Construction Credit

Tribunal Constitucional Acórdão 330/2026 (22 April) strikes down the Autoridade Tributária's narrow reading of Article 11 of Law 82-E/2014: the IRS mais-valias reinvestment exemption now covers proceeds used to amortise construction loans on an owner's permanent home, not only purchase mortgages.