Fiscalidade

After meeting Prime Minister Luís Montenegro at São Bento on 5 November, PS secretary-general José Luís Carneiro said the Government showed openness to the PS proposal to exempt from IRS mais-valias the sale of second homes worth up to €300,000, where the buyer takes the property as their own permanent residence and it sits in a zona de pressão urbanística. The PS package also carries a three-year exceptional regime, reduced taxation for homes between €300,000 and €500,000, and imposto do selo exemption on the purchase and the related housing loan. Carneiro also reported a "relative" agreement to raise IMT for buyers who neither live in Portugal nor buy for housing. No text has been agreed and ECO reports no on-record government statement; the measures are PS proposals the Government says it is open to.

The PS wants the Government's rental bill pulled from Parliament and restarted, and the Government has refused; the bill remains in committee stage after passing na generalidade only because Chega abstained under a deal between André Ventura and PSD's Hugo Soares. The sticking point is the "renda moderada" concept with its €2,300 ceiling, which the PS wants removed so tax benefits revert to an "acessível" rent test, citing €200 million spent on benefits at that rent level. The PS also wants the deposit cap kept at two rents rather than the Government's three, and a moratorium on lease expiry to 31 December 2027. Chega has said its abstention is not a "cheque em branco" and could vote against at the final vote.

At a press conference on 6 November, PSD's Hugo Soares and CDS-PP's Paulo Núncio presented 40 OE2027 amendments worth about €60 million. The housing measures: extend the public first-home credit guarantee, today limited to buyers up to 35, to young people who build their own home on the same conditions; suspend the early-repayment commission on fixed-rate mortgages for 2027; align IRC benefits for residential rental with those applied under IRS; and raise funding for municipal affordable-cost housing and for parish-level housing and student residences (€44 million for the parish increase, the largest single item).

By the 21:30 deadline on 6 November, parties had filed 2,847 amendments to the 2027 budget, a record for the fifth consecutive year: Chega 711, PCP 650, Livre 504, BE 368, PS 195, JPP 164, PAN 125, PSD and CDS-PP 81 combined, IL 50 (figures from the Assembleia da República platform; the article's body gives slightly different counts for some parties). Discussion and voting of amendments begins on 18 November and the votação final global is set for 24 November.