The amount from which salaries withhold IRS increases in January to 820 euros, with a monthly net income gain of about 28 euros, according to the new tables published today.
Posts published in “Economy”
From bread to telecommunications, 2024 will be another year of increases, which not even mandatory car inspection centre has been able to escape.
New Year's Eve is expected to be marked by periods of rain, the Portuguese Institute of Atmosphere and Sea (IPMA) said today, stressing that the probability is in the order of 70 to 90%.
In an interview, a spokesperson for the Portuguese Communist Party (PCP) stated that, according to a national study, "one in six people work shifts and that 11% of these work at night. It is estimated that in the region this figure is higher due to the high percentage of people working in the tourism and health industry.
2024 kicks off with increased petrol prices.
In a much drier year than usual, the production of Slipper Orchids fell well below demand. A particular blow to traders as these are a traditional Madeiran Christmas favourite.
The Court of Auditors (TdC) has issued an overall favourable opinion on the 2022 Account of the Autonomous Region of Madeira, the year in which the public debt amounted to 5,009 million euros, the president of the institution, José Tavares, said today.
Approximately 19% of the houses bought in Madeira during November were sold within a week, states a report from Estate Agents, Idealista.
Starting next year, the Port of Lisbon will start charging a tourist tax of two euros for each passenger on board a cruise ship.
Inflation in the eurozone and Portugal is expected to continue to decline next year, after central banks, households, and companies struggle against rising prices, according to economists consulted by media outlet, Lusa.
Madeiran and Porto-Santense electricity tariffs will remain the same next year, states the Regional Secretariat for Equipment and Infrastructure, Pedro Fino
Porto Santo has, as of today, a new direct operation from Oslo, Norway. The new SAS connection is scheduled for Saturdays, with the airline using an Airbus A180neo which can carry 300 plus passengers.
It is "in the name of truth" - states the Mayor of Funchal, Pedro Calado - "this is what is going on with LIDL."
The Casal da Penha Restaurant, in Funchal, has been ranked 2nd in the Top 10 Portuguese Food restaurants.
House prices are yet again on the increase.