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Digest · Issue 0316 to 22 September 2026

Income tax comes down, and you will feel it in November

One week, one large item. The Council of Ministers approved the personal income tax cut on Thursday, the rates are published bracket by bracket, and the Prime Minister says it reaches payslips before Christmas. A short issue, because a week is a week.

 Issue published Tuesday 22 SeptemberSources on every item
In force

Published and applying now.

Signed

Approved and promulgated, awaiting publication or a start date.

Proposed

Announced or tabled. Not law, and may change.

In negotiation

Under discussion with no settled text.

 
What we are watching next

Parliamentary passage of the income tax bill, and whether the rates survive it unchanged. Approval at the Council of Ministers starts that process rather than finishing it.

The 2027 State Budget, due in October, which carries the corporate rate from 19% towards 18% if the published path holds.

And a hundred days on the Madeira licensing window, which we count down separately.