Parliament has approved the proposal that provides for the application of zero VAT on essential food products. This measure, it should be noted, will be in force between April 18 and October 31, 2023.
At issue is a law that “provides for the transitional application of an exemption from Value Added Tax (VAT) with the right to deduct (zero rate) on food products, as an exceptional and temporary measure in response to the extraordinary increase of food prices”.
Here is the list of products that will have zero VAT:
a) Cereals and derivatives, tubers:
i) Bread;…
Source: www.theportugalnews.com
