Personal income tax reform

Dear reader,

Personal income tax is undergoing a thorough reform. The reform covers, among other things, restrictions on the granting of benefits in kind, the tax treatment of copyrights, the tax treatment of certain overtime hours, and a series of other measures regarding the tax-free allowance, the marital quotient, the tax treatment of remuneration received by pensioners, and so on.

Several other measures have already been explained in our previous newsletters, including those concerning the Program Law of 30 May 2026, and the new capital gains tax on financial assets. This article focuses on the measures included in the Law of 15 July 2026, on the reform of personal income tax.

Below, we provide an overview of these changes.

Enjoy reading!