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Proposed VAT measures in Portugal’s Budget 2024: exemptions, reduced rates, and simplified refunds

  • VAT exemption for essential food items will not be extended
  • VAT exemption for compost, fertilisers, and other products suitable for feeding livestock extended until December 2024
  • VAT exemption on tickets for people accompanying those with a disability
  • Reduced VAT rate of 13% on certain beverages when supplied with food and beverage services
  • Simplified VAT refund regime for travel agencies organizing events

Source: meridianglobalservices.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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