Portugal reduces VAT rates on certain goods and services in 2023. The scope of the 6% reduced rate is extended to include a new set of products and services.
Some of these categories are subject to 6% reduced VAT rate in Portugal are:
- Canned fish and mollusks when the content of fish is at least 50%.
- Vegetal butter, drinks, and yogurts. These can be produced based on dry fruits, cereals, fruits, vegetables, etc.
- Sale or repair service of bicycles. However, when it concerns the sale of spare parts of the bicycle, these will be subject to the standard VAT rate (23%).
- Access to direct broadcasting of concerts, theatres, amusement parks, museums, cinemas and similar events.
- Sale and installation of specific heaters and boilers that work with biomass.
- Pellets and briquets made from biomass.
Source Marosa