Government Prepares New Tax Simplification Package for VAT, Excise, and Vehicle Taxes for 2026

• The government is preparing a new package to simplify VAT, excise taxes, and vehicle tax, to be presented alongside the 2026 State Budget proposal.
• A new regime to consolidate public administration fees into a single law is also being developed, expected for 2026.
• These measures add to previous simplification efforts aimed at reducing compliance costs for families and businesses.
• The 2026 State Budget proposal continues the current approach, focusing on transparency, efficiency, and financial stability, without increasing taxes.
• All ministries will now operate under a program-based budgeting model to improve accountability and coordination of public policies.

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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