A report presented to the parliament detailed the fiscal expenditure in Portugal, compiled by the Technical Unit for Tax and Customs Evaluation (U-Tax), identifying 781 fiscal relief measures, comprising 540 tax benefits and 241 structural reliefs.
Among the quantified tax benefits, 180 had associated expenses exceeding one million euros in at least one of the years analyzed (2021 to 2024).
Conversely, 204 of the quantified tax benefits had no significant impact, according to the report.
The non-habitual residents regime emerged as the most significant, with expenses reaching 1.5413 billion euros in 2024.
For personal income tax (IRS), young taxpayer discounts increased from 13.3 million in 2021 to 120 million euros in 2024. Deductions on submissions, including pension funds, public capitalization scheme, PPR, and pan-European individual retirement products (97.6 million), alongside VAT declared in tax filings (124.4 million), were noteworthy.
Regarding corporate tax (IRC), SIFIDE showed an expense of 875.5 million euros, with the fiscal support for investment regime (RFAI) incurring 275.7 million euros in 2024.
New entries included the Stamp Duty exemption on property purchases for young buyers, costing 25.8 million euros in 2024, while the IMT Young accounted for 90 million.
