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Portugal Clarifies 2023 VAT Changes

2023 marks the start of significant changes within the Portuguese VAT regime. Not only have they increased the VAT registration threshold, but significant changes also include a greater reduced VAT rate scope and updated declaration deadlines.

  • The scope for reduced VAT rates
  • Increased VAT thresholds
  • Declaration deadline shift
  • Additional changes for non-resident taxpayers in Portugal

Source VATit

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