The Council of Ministers has approved the decree-law that eliminates the obligation to report, in the IRS declaration, income not subject to IRS, such as meal allowances, and those subject to withholding taxes, such as interest. The approved diploma, in addition to eliminating the carry-forward of those types of income,…
Posts tagged as “withholding tax”
Social Security pensioners will be the first taxpayers to feel the effect of the new withholding tables, which began to be applied this month, with this change joining the 3.57% interim pension increase.
This year, the average tax reimbursement is lower than last year and one of the explanations stems from the change in withholding tax tables, state a tax expert.
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