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Public Finance1 min read

Government proposes changes to Madeira income tax rates

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 Regional Government has approved a proposal for a Regional Legislative Decree to change the personal income tax rates applicable to residents of Madeira. The current rates are set out in Regional Legislative Decree No. 3/2001/M of 22 February.

Resolution No. 970/2026 of the Regional Government Council stipulates that the proposal be submitted to the Legislative Assembly of Madeira for approval under an urgent procedure. The resolution approves the legislative initiative, but does not specify the new tax rates or mean that the change is already in force.

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