Lisbon
Portugal: New amendments to the Sustainable Employment Commitment Measure
The amendments to the Sustainable Employment Commitment Measure are intended to enabling it to contribute to a real increase of employees' salaries, establishing minimum thresholds for the base salary to be paid to employees, and also adjusting the…
Portugal: The average construction value per square meter is maintained for 2024
This value of 532 euros applies to all urban properties whose Model 1 forms are delivered since 1 January 2024.
Annual Salary Bonus approved for bachelors and masters working in Portugal
The Salary Bonus has an annual value of between 697 euro (years for bachelor's degree) and 1,500 euro (years for master's degree) and will be paid to those who have these academic degrees and for the number of years equivalent to the ones needed to…
Portugal launches international public tender for the first phase of the Lisbon to Oporto High-Speed Railway Line
The Government of Portugal has authorized the opening of a public tender for the concession. This project, part of the National Railway Plan and the National Investment Program 2030, aims to promote decarbonization and improve the capacity of…
Portugal has approved the Voluntary Carbon Market regime
We analyse the new Voluntary Carbon Market regime and the rules for its functioning in 10 questions.
Portugal: Approval of the urban pressure coefficient regarding the extraordinary contribution on local accommodation
It was approved the urban pressure coefficient for the purpose of the assessment of the extraordinary contribution on local accommodation.
Portugal: Deadlines for communication of inventories, SAF-T accounting and use of invoices issued in PDF have again been extended
The State Budget for 2024 introduces a new flexibility of the tax calendar with regard to the fulfilment of certain tax obligations.
Portugal: Work accident pensions increase by 6% for 2024
The value of pensions for accidents at work is updated annually, in line with the evolution of Portuguese GDP and the CPI in Portugal.
Portugal: Indexing reference for social aid updated to 509,26 euro in 2024
This index is the reference for several social security aids.
Portugal: Retirement age increases to 66 years and 7 months in 2025
Considering the increase of life expectancy recorded in 2022 and 2023, the standard age to access retirement pension in the Portuguese general social security system in 2025 will increase to 66 years and 7 months.
Portugal transposes Directive on representative actions for the protection of consumers' interests
This law, very much in line with the Law on Class Actions (Law no. 83/95, of 31August), strengthens the procedural means for protecting the collective interests of consumers, ensuring a high level of consumer protection in the European Union, as…
Portugal: Amendment to the scope of the reduced VAT rate applicable to refurbishment works
Following the publication of the “More Housing Program”, which contains a set of tax measures, the Tax Authority clarifies the scope of the reduced VAT rate for renovation works after said law change.