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Portugal extends VAT rate cuts on essential food items until 2024

  • The Portuguese government has extended the temporary reduction on VAT rates for basic food items.
  • The reduction has been extended from 7% to 0%.
  • The extension will be in effect until 31 March 2024.
  • The reduction applies to 46 basic food items, including milk, bread, rice, tomatoes, and some meat and fish.

Source: fiscalsolutions.co.uk

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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