“On October 10th, the State Budget will be presented and what we will present is certainly a proposal that fulfils the objective that has already been publicly stated of reducing by more than two billion euros what the Portuguese pay in IRS. Therefore, it does not make sense for those who do not pay [IRS] to start paying, especially those with lower incomes”, stated António Costa.
For António Costa, the possibility of updating the minimum wage causing workers who earn this amount to pay IRS is “a problem that cannot be raised and a discussion that does not make sense”.
“There will certainly be a day when the minimum wage will be well above the minimum level of existence, as it should be. […] That’s still not the case,” he stressed.
The Prime Minister highlighted that the country must aspire to have a “society where the wages that pay for work” are far above what is the minimum for existence.
Asked about the possibility that, by the end of his term, workers who receive the SMN will start paying IRS, António Costa said that the Government aims to reach a minimum wage of 900 euros in 2026, having to wait and see how the economy is evolving and what this means for updating indicators, particularly social support indexes.
“It’s not worth trying to anticipate discussions,” he asserted.