On 24 March 2023, the Portuguese government presented a package of new measures that are being implemented to mitigate the increased cost of living in Portugal. The main tax measure is the temporary application of a 0% VAT rate on a basket of essential food products. The 0% VAT rate applies for 6 months from April to October 2023.
Source: Orbitax
Latest Posts in "Portugal"
- Portugal Lowers VAT to 6% for Housing Under €648,000 and Rentals Under €2,300
- Middle Class to Pay VAT on E-Lar Appliances, Program Supports Gas to Electric Switch
- AHRESP Advocates for Intermediate VAT Rate on Soft Drinks and Alcoholic Beverages
- Portugal Plans VAT Grouping Implementation in 2026
- Portugal to Implement VAT Grouping Regime for Businesses Starting July 2026