According to the bill the government has sent to parliament, workers with non-resident status (RNH) or those benefiting from the Regressar program will not be able to add these tax regimes to IRS Jovem.
Young IRS, which targets dependent and independent work income (categories A and B, respectively) of people under 35, includes cutting current IRS rates by one-third, to a maximum of 15%. – for those who receive taxable income up to the 8th grade, that is, 81,199 euros per year.
The government’s proposal expressly provides that the application of the rates provided in IRS Jovem “is not cumulative with the application in respect of the same year” of the non-habitual resident regime, the former resident tax regime (also known as the Rebate) and the research and innovation tax credit (which replaced RNH).
Author: Lusa
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.