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Government Considers Food Basket Support for Vulnerable Families, Rules Out Zero VAT Return

  • The government is considering targeted support measures for vulnerable families regarding food baskets, such as a food voucher, if prices continue to rise.
  • The Finance Minister rejects reintroducing the zero VAT (IVA zero) measure that was in place from April 2023 to January 2024, calling it ineffective.
  • He argues that VAT reductions partly benefit producers and sellers rather than consumers.
  • The government prefers direct support to low-income working families and pensioners, as previously proposed by the PSD.

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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