On September 10th, Decree-Law No. 57/2024 was published, which repeals the Extraordinary Contribution on Local Accommodation (CEAL) and modifies the age coefficient applied to properties used for local accommodation, with retroactive effect to December 31, 2023.
The decree-law also introduces measures to facilitate geographic mobility for workers. In the context of the personal income tax (IRS), new deductions and tax incentives will be created for those who relocate due to professional requirements.
This initiative aims to combat the depopulation of certain regions and promote a more balanced distribution of the population across the national territory.
Tax Department
Sofia Quental | Inês Grácio | Catarina Amaral
