- Portugal’s 2026 Budget introduces VAT cuts effective January 1, 2026, expanding the 6% reduced rate.
- Olive oil production, art gallery sales, and game meat will have VAT reduced from 23% to 6%.
- VAT exemptions for agricultural inputs (fertilizers, seeds, etc.) and pet food for animal welfare associations are extended until the end of 2026.
Source: fiscal-requirements.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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