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AHRESP Proposes Intermediate VAT Rate on Beverages and Reduction of Social Security Tax

  • AHRESP proposes 13 measures for political parties ahead of elections on May 18
  • Key proposals include intermediate VAT rate on all beverages and reduction of TSU
  • Businesses face high production costs, tax burdens, financial charges from pandemic loans, and hiring difficulties
  • Measures aim for implementation in the next legislature
  • Proposals include VAT rate adjustment for excluded beverages like soft drinks and alcohol
  • Suggests programs to boost low-density areas focusing on micro and small businesses in hospitality
  • Calls for effective tax relief benefiting businesses and residents in these areas
  • Investment measures include programs to strengthen company capitalization and support investment
  • Employment measures propose IRS reduction and immigrant integration support programs
  • Fiscal proposals include reducing IRC rate and excluding certain packaging from single-use contribution in ‘drive thru’ and ‘delivery’ services

Source: jornaldenegocios.pt

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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