The Council of Ministers today approved an automatic update of income support of 4,94% to mitigate increases resulting from inflation and an increase in the IRS deductible amount from 502 to 550 euros.
The measure was announced by the Minister of Housing, at the end of the Council of Ministers in which the decree-law was approved, and reinforces the extraordinary support for families in paying rent, with Marina Gonçalves specifying that the 4,94% reinforcement will be automatically applied to those who already receive this support.
This increase of 4,94% aims to mitigate the impact of updating rents following the formula provided for in the law and which, according to the inflation value that serves as a reference, will translate into an increase of 6,94% in rents in 2024.
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