Portugal is the end of RNH

&amp;NewLine;<p>End of RNH in 2024&amp;comma; this is the announcement made by the Portuguese Prime Minister Antonio Costa&amp;comma; yesterday during an address on CNN Portugal&amp;period; The Portuguese Prime Minister made a shock announcement&amp;comma; by announcing that the tax regime for non-residents, which grants foreign pensioners and workers a ceiling on their income tax, would end in 2024&amp;period;<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<h2 class&equals;"wp-block-heading">Portugal is the end of the RNH<&sol;h2>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>The head of government has announced the end of the special tax on non-habitual residents &amp;lpar;<strong>RNH<&sol;strong>&amp;rpar;&amp;comma; in an interview with <a href&equals;"https&colon;&sol;&sol;cnnportugal&period;iol&period;pt&sol;governo&sol;antonio-costa&sol;governo-acaba-com-beneficios-fiscais-para-nao-residentes-e-admite-subir-salario-minimo-o-que-precisa-de-saber-da-entrevista-de-antonio-costa&sol;20231003&sol;651b4ce2d34e65afa2f5f5fb" target&equals;"&lowbar;blank" data-type&equals;"link" data-id&equals;"https&colon;&sol;&sol;cnnportugal&period;iol&period;pt&sol;governo&sol;antonio-costa&sol;governo-acaba-com-beneficios-fiscais-para-nao-residentes-e-admite-subir-salario-minimo-o-que-precisa-de-saber-da-entrevista-de-antonio-costa&sol;20231003&sol;651b4ce2d34e65afa2f5f5fb" rel&equals;"noreferrer noopener">CNN Portugal<&sol;a>It will come to an end in 2024," said Costa, before adding that this tax regime "no longer makes sense at the present time";<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>In 2022&amp;comma; according to the latest figures&amp;comma; tax expenditure under the&amp;rsquo&amp;semi;IRS regime for non-habitual residents rose by 18&amp;comma;5 &amp;percnt; to 1,507&amp;comma;9 million&amp;rsquo&amp;semi;euros&amp;period; Two years earlier&amp;comma; this figure stood at 972&amp;comma;2 million&amp;semi;euros and&amp;comma; in 2021&amp;comma; it reached 1,271&amp;comma;8 million&amp;comma; according to the report on tax expenditure sent to Parliament this year&amp;period;<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>This scheme allows workers whose activities are considered to have a high added value to pay a tax on their earnings. <a href&equals;"https&colon;&sol;&sol;vivreauportugalconsulting&period;com&sol;demande-de-rnh-portugal&sol;" data-type&equals;"page" data-id&equals;"6823">special rate of 20 &amp;percnt; <&sol;a>IRS on income from categories A &amp;lpar;salaried work&amp;rpar; and B &amp;lpar;self-employment&amp;rpar;&amp;period; Retired&amp;comma; pay a 10 &amp;percnt; IRS rate on their&amp;period; pensions;<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>Asked about the loss of income&amp;comma; the Prime Minister declared that "the government will put up no resistance" to raising the minimum wage beyond the 821 euros planned&amp;comma; referring to the UGT's negotiating proposal as part of the social dialogue&amp;period;<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>Regarding the employers' proposals&amp;comma; the Prime Minister stated that there was no question of reopening the debate on the TSU&amp;period; "Reopening the debate on the TSU is the last thing Portuguese society needs or wants"&amp;comma; he declared&amp;period; Regarding the payment of the 15th month&amp;comma; exempt from taxes and contributions&amp;comma; M&amp;period; Costa stressed that this measure "is not for everyone" and declared that "there is room" to negotiate an increase "for everyone"&amp;period;<&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p>The head of the executive branch was interviewed by CNN Portugal and answered a series of live questions on the topics on the agenda&amp;comma; from the start of the new school year to housing issues and the new National Health Service model&amp;period; Several questions were also put by the audience&amp;comma; made up of a group of citizens selected by GfK and representing different social strata and professions&amp;comma; different ages and different regions of the country&amp;period; This group of citizens was joined by students and professors from Nova SBE&amp;period; <&sol;p>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<figure class&equals;"wp-block-video"><video controls src&equals;"https&colon;&sol;&sol;cnnportugal&period;iol&period;pt&sol;governo&sol;antonio-costa&sol;governo-acaba-com-beneficios-fiscais-para-nao-residentes-e-admite-subir-salario-minimo-o-que-precisa-de-saber-da-entrevista-de-antonio-costa&sol;20231003&sol;651b4ce2d34e65afa2f5f5fb"><&sol;video><&sol;figure>&amp;NewLine;&amp;NewLine;&amp;NewLine;&amp;NewLine;<p><a href&equals;"https&colon;&sol;&sol;cnnportugal&period;iol&period;pt&sol;governo&sol;antonio-costa&sol;governo-acaba-com-beneficios-fiscais-para-nao-residentes-e-admite-subir-salario-minimo-o-que-precisa-de-saber-da-entrevista-de-antonio-costa&sol;20231003&sol;651b4ce2d34e65afa2f5f5fb" data-type&equals;"link" data-id&equals;"https&colon;&sol;&sol;cnnportugal&period;iol&period;pt&sol;governo&sol;antonio-costa&sol;governo-acaba-com-beneficios-fiscais-para-nao-residentes-e-admite-subir-salario-minimo-o-que-precisa-de-saber-da-entrevista-de-antonio-costa&sol;20231003&sol;651b4ce2d34e65afa2f5f5fb" target&equals;"&lowbar;blank" rel&equals;"noreferrer noopener">Link to the Prime Minister's announcement<&sol;a><&sol;p>&amp;NewLine;