- Portugal released the state budget law for 2025 proposing various VAT measures
- The budget law must receive parliamentary approval before taking effect on 1 January 2025
- Lower VAT rate for rehabilitation projects on residential properties
- VAT refunds available for specific expenses incurred by certain entities
- VAT exemption extension for fertilisers, soil conditioners, livestock feed, and products for companion animals
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.
