What is the impact of SB 25 on companies? SB 25 contains proposals that promise changes to the tax landscape for companies in Portugal. Despite some improvements, many doubts remain. Will it be enough to boost competitiveness? Find out the main points of this budget and how they could affect your business. Read the article in Eco on this matter.

Corporate Income Tax Reduction: A Small Step?

The reduction in the nominal corporate income tax rate from 21% to 20% is one of the main measures in the State Budget for 2025. However, many experts consider this change to be modest. In a global context, Portugal continues to face challenges in terms of tax attractiveness for international companies. For local businesses, the decrease is welcome, but the impact may be limited.

Wage Valorisation: Simplification underway

The Salary Valorisation Incentive has become stronger and simpler to apply. This incentive can be a useful tool for companies wishing to invest in motivating and retaining talent. However, its effectiveness will depend on its practical use in the day-to-day running of organisations.

Corporate Capitalisation: A New Perspective

The tax regime to encourage companies to capitalise has also gained new features. The increase in deductions and the transformation of the 50% surcharge into a permanent measure are positive points. These changes incentivise companies to strengthen their equity capital, which is essential when facing uncertain times.

Political Stability: An Obstacle to Reform?

The composition of parliament and the political context continue to make major tax reforms difficult. Without consensus, structural and ambitious measures to support companies end up being postponed. This is a factor that organisations must consider when planning for the future.

How Serro & Andrade can help

At Serro & Andrade, we closely monitor all the tax changes that impact the business sector. We are here to help your company understand and take advantage of the OE2025. Do you need personalised advice? Contact us and together we'll find the right solutions for your business!