Portugal Travel

February 13, 2009

More revenue comes from the normal effect of changes in tax laws'

The Ministry of Finance already reacted to the news that there are increases in taxes in 2010 and 2011.

The office of Teixeira dos Santos, "the additional revenue for the years 2010 and 2011 will not result in any increased tax burden, as the direct result of the effects of normal and changes in tax laws and the continuing and necessary strengthening of effectiveness of the tax.

This is a reaction to the news given by the 'Morning Post', which stated that the government promised the European Commission to raise taxes in 2010 and 2011.

According to the newspaper, the breakdown of tax revenue under the Stability and Growth Plan (SGP) adopted at the end of January and has already delivered in Parliament in Brussels, makes clear that the direct and indirect taxes will increase in the next two years.

The Ministry of Finance says it is "totally inappropriate" that the Stability and Growth Program in the coming years will bring increased tax burden on families and on businesses.

Moreover, the government says the increase in revenue is based on measures that the Executive has taken, "either in the introduction of innovation and efficiency in the functioning of the tax, either in the field of tax law changes.