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Latest Public Finance news from Madeira and Funchal.
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Order No. 436/2026 establishes a €15,000.00 monthly petty cash fund at the Regional Heritage Directorate for urgent payments and revokes the previous order from January 2026.
Regulation No. 6/2026 sets the fees that MPXO charges users of the Porto Santo Marina, applying from 1 January 2027 for existing users.
A joint ordinance from the Regional Secretariats for Finance and for Equipment and Infrastructure spreads the 28,500 euro cost of a legal representation services contract for the Funchal Administrative and Tax Court across the years 2023 to 2027.
Provisional Account No. 6/2026 of the Autonomous Region of Madeira, covering the period from 1 January to 30 September 2026, shows budget revenue of about €1,499 million and public budget expenditure of about €1,427 million.
The Regional Finance Secretariat has published in the Official Gazette the maps of the Transitional Budget of the Autonomous Region of Madeira for 2026, as amended by budget changes made up to 30 September, with total revenues and expenditure of 2,459,289,183 euros.
Ordinance No. 611/2026 amends the unit rates of the tax on petroleum and energy products applicable in the Autonomous Region of Madeira, effective 2 November 2026.
The Regional Government of Madeira has approved, through Dispatch No. 434/2026, a 50% reduction in IRS withholding tax on salaries and pensions paid during November 2026.
A correction notice amends the amount stated in the summary of an amendment to the Madeira Legislative Assembly's private budget. The correct figure is 52,000 euros, not 512,000 euros.
The Autonomous Region of Madeira has changed the unit rates of the tax on petroleum and energy products applicable to petrol, road diesel and marked coloured diesel. The new rates take effect from 26 October 2026.
The Regional Government Council approved a proposal to change the income tax rates applicable to residents of the Region. The bill will be submitted to the Legislative Assembly of Madeira under an urgent procedure.
The Region has updated the unit rates of the tax on petroleum and energy products applicable to unleaded petrol, road diesel and coloured and marked diesel. The new rates take effect on 19 October 2026.
The Administrative Council of the Madeira Legislative Assembly approved a 52,000-euro adjustment to expenditure in its own budget. The measure is intended to ensure that expenditure is correctly allocated according to its economic nature.