- Decree-Law No. 34 2025 was published in the Portuguese Official Gazette on March 24
- It amends the cash accounting VAT regime
- The annual turnover threshold for the regime is increased to 2 million euros from 500,000 euros
- This applies to qualifying VAT taxpayers
- The decree-law takes effect on July 1
Source: news.bloombergtax.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.
