- Portuguese parliament approves State Budget for 2024
- Budget includes tax measures such as exemptions and changes in VAT rates
- Personal income tax and social security contribution exemptions on benefits from employer-provided permanent housing
- Extension of VAT exemptions and reduced rates for various products and services
- Elimination of zero VAT rate on essential food items
- Application of reduced VAT rate of 6% to various products and services
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.
Latest Posts in "Portugal"
- Portugal Redefines Invoice Corrections: When to Cancel, Reissue, Credit or Debit an Invoice
- Portugal Updates VAT Invoice Correction and Regularization Rules
- Portugal Updates VAT Correction and Return Rules
- Portugal Issues New VAT Guidance on Credit Notes and Return Changes
- Portugal Clarifies 6% VAT Rate for Urban Rehabilitation Works Retroactively














