- Portuguese government approved tax proposals to promote Portuguese companies
- Proposals aim to develop new financing, streamline mechanisms, foster entrepreneurship, enhance innovation, and ensure sustainability
- VAT groups introduced to increase cash flow, streamline VAT refund processes, effective from 2025
- Cash VAT regime eligibility extended to companies with turnover up to EUR 2 million
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.