VATupdate
Portugal

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Key Indirect Tax Changes in Portugal’s 2026 Draft Budget: VAT, E-Invoicing, and Compliance Deadlines

  • Reduced VAT rate will apply to olive oil production (6% mainland, 4% Azores/Madeira).
  • PDF invoices accepted as electronic invoices until 31 December 2026.
  • Mandatory submission of accounting SAF-T (PT) file postponed to tax periods starting in 2027.
  • Waste management rules do not affect printing of invoices and tax documents.
  • Micro, small, and medium companies, and public entities, exempt from mandatory electronic invoicing in public contracts until 31 December 2026.

Source: taxathand.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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