Further to our news item in October last year, Portugal has decided not to increase its VAT rate to 23.25%. Therefore, the rates will remain at: […]
A draft law to increase the standard rate of VAT in Portugal from 1 January 2015 was submitted to parliament this year. With the deadline drawing closer the Portuguese parliament will need to decide whether or not to implement this rise. The proposal would seek to the increase the standard [...]
The Portuguese tax authorities have increased in the standard VAT rate applicable in the Azores from 16% to 18%. The Azores intermediate rate also increases from 9% to 10% and the reduced rate from 4% to 5%. The new rates are effective from 1 January 2014.