Nuno Oliveira Santos
Gonçalo Gaia
January 10, 2025
Young IRS - New Regime
The new IRS Jovem regime covers Category A and B income earned by taxable persons up to the age of 35 who are not considered dependents in a household, partially exempt from IRS up to the limit of 55 x IAS, i.e. up to €28,737.50.
The new regime provides for a 100% exemption of income in the first year of income, 75% between the second and fourth year of income, 50% between the fifth and seventh year of income and 25% between the eighth and tenth year of income.
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