Extraordinary reduction from the intermediate VAT rate to the reduced VAT rate on the supply of electricity with the following characteristics: supply of electricity for consumption, excluding its fixed components, for a contracted power not exceeding 6.90 kVA, in the part not exceeding: (i) 100 kWh per a 30-day period or (ii) 150 kWh per a 30-day period when purchased for consumption by large families, considered as such when including five or more people. This transitional measure takes effect between 1 October, 2022 and 31 December, 2023.
Source: garrigues.com
Latest Posts in "Portugal"
- Tax Incentives and VAT Reforms to Boost Housing Supply and Affordable Rentals under Law No. 47/XVII
- Portugal 2026 Budget: VAT Cuts on Game Meat, VAT Group Regime, PDF Invoices Extended
- Tax Authority Issues Guidance on VAT Deductions for Electric and Plug-in Hybrid Vehicles
- VAT Deduction Rules for Eco-Friendly Passenger Vehicles
- VAT rate reduction from 23% to 6% for construction of homes intended to be rented for residence purposes
