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Government wants VAT on electricity to vary with consumption

Source: eco-sapo-pt.cdn.ampproject.org (unfortunately not in English)

Both the PSD and the leftist parties advocate lowering VAT on electricity from the current 23% to the intermediate rate (13%) or to the minimum rate (6%).
At a time when a negative majority in São Bento is feared to force the government to lower VAT , Marques Mendes reveals a kind of plan B that is being prepared by António Costa and will try to convince Brussels to accept that the tax may vary depending on consumption. In this scenario, the loss of revenue would be smaller.

 

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