Simulations conclude that a young worker starting a job in 2025, with a salary of 1,100 euros, will pay 9,924 euros less in IRS over 10 years compared to a taxpayer who does not have access to the new young IRS regime.
New proposal for the Young IRS in 2025 aims to encourage the insertion in the labor market and the autonomy of young people up to 35 years old, offering tax benefits that decrease progressively over ten years.
If you are covered by the Young IRS, know that, from now on, you can request the application of the withholding tax discount to the employer at any time.
Are you between 18 and 26 years old and already working? You may be eligible for Young IRS for five years. Find out if you meet all the requirements and what exemptions you can access next.
I am young and still considered dependent in my parents' household, should I file my tax return with them or can I file individually? Find out in this article.
The Government presented the new Young IRS regime and explains that young people will be able to choose whether they want to keep the current one or switch to the new one. Understand better, then.
Understand how this tax benefit works for young Portuguese individuals.
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