- The Socialist Party (PS) insists on lowering the VAT on fuels from 23% to 13% to support families and businesses amid rising fuel prices.
- PS wants to summon representatives of fuel retailers and oil companies to parliament to discuss their perspectives on the price increases.
- PS criticizes the government for using the crisis to increase state revenue and for repeatedly ignoring their proposals.
- PS also calls for the continuation of zero VAT on a basket of essential food products, measures they claim have worked in the past.
- The party urges the government to reconsider these measures as the cost of living becomes increasingly unbearable.
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.
Latest Posts in "Portugal"
- Electronic Credit Notes: Tax Authority Sets the Bar for Digital Proof of Customer Acknowledgement
- Portugal’s E-Invoicing Rules: Certified Software, ATCUD, QR Codes, and SAF-T
- Portugal Introduces VAT Group Regime (RGIVA) – Effective 1 July 2026
- Portugal Approves Housing Tax Incentives for Residential Sales and Rentals
- Partial VAT Refund for Private Home Construction Works
