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IL Party Propose IRS Amendments

The Liberal Initiative – Madeira (IL-M), proposes changes to the IRS table in the Autonomous Region of Madeira, stating:

“Considering that there is a drop in purchasing power and the opportunities for wage increases for some of the poorest workers will be below inflation values,” the IL-M proposes a change to the IRS table in the Autonomous Region of Madeira, which is the same as that which the Liberal Initiative presented in the AR at the time of the 2022 budget, and that the top five tax levels are merged into one.

Samantha Gannon

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