- Portuguese parliament approves State Budget for 2024
- Budget includes tax measures such as exemptions and changes in VAT rates
- Personal income tax and social security contribution exemptions on benefits from employer-provided permanent housing
- Extension of VAT exemptions and reduced rates for various products and services
- Elimination of zero VAT rate on essential food items
- Application of reduced VAT rate of 6% to various products and services
Source: regfollower.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.
Latest Posts in "Portugal"
- Berda Welcomes 6% VAT on Construction, But Sees Impact Only in One or Two Years
- 6% VAT on Housing Construction Applies Retroactively to Projects Started Since Late October
- General Court Case T-657/24 (Versãofast) – Judgment – VAT exemptions apply uniformly; intermediaries effectively support credit negotiations
- Portugal Introduces VAT Grouping Regime Effective July 2026 for Linked Corporate Entities
- Portugal Approves VAT Reduction on Art Sales from 23% to 6% in 2026 Budget













