VATupdate

Share this post on

Extends 0% VAT Rate for Essential Foods

Following a Cabinet meeting held on 7 September 2023, Portuguese Prime Minister Antonio Costa announced an extension of the application of the temporary 0% VAT rate (zero-rate) on a basket of essential food products to help mitigate the extraordinary increase in food prices. The 0% rate applies to the import and supply of several types of foods including, among others, bread, potatoes, p…

Source: Orbitax

Sponsors:

VAT news
VAT news

Advertisements:

  • AXWAY - VATupdate Banner
  • VATupdate.com