The new IRS tables will come into effect on July 1, and contrary to what the government has said, there is a group of workers who will not benefit from the withholding tax relief, in fact they will even be harmed, Diário de Noticias is promoting this Friday ( DN).
DN also claims that by maintaining the new tables, this group of workers could lose between one euro per month for workers whose gross salary is 1,118 euros, and 161 euros for workers who earn eight thousand euros per month.
One of the main justifications for deteriorating retention has to do with the weight the finance department places on dependents with disabilities. According to DN, until June of this year, one child with a disability of more than 60% was tax-equal to five children without a disability. Starting next month, the same child will be the equivalent of only 3.5 children, which will increase retention because the more children an employee has, the greater the exemption and the smaller the discount.
Author: morning Post
Source: CM Jornal

I’m Tifany Hawkins, a professional journalist with years of experience in news reporting. I currently work for a prominent news website and write articles for 24NewsReporters as an author. My primary focus is on economy-related stories, though I am also experienced in several other areas of journalism.