- Portuguese government released “Programa Acelerar a Economia” to boost business competitiveness
- Focus on key VAT-related proposals in the program
- Proposed introduction of VAT group regime to improve cash flow, reduce refund processes, and simplify procedures
- Increase in number of persons eligible for VAT cash accounting scheme to improve cash flow
- Measures require approval from Portuguese parliament
Source: taxathand.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.
