Tag: Portugal

Government argues reduced restaurant VAT mainly benefits wealthier consumers as budget pressures intensify in Portugal Portugal’s government is considering reversing the reduced 13% VAT rate for restaurants and hospitality, reopening a long-running debate over tax relief for the sector. The world's only single tax engine

2026 Budget selective VAT rate adjustments to agriculture, culture and welfare Portugal’s State Budget for 2026 contains a series of targeted VAT measures scheduled to apply from early next year, following parliamentary approval in late November. The changes prioritise sectors viewed as economically or socially

Similar shifts to reduced rate in Italy and Germany prompt Portugal reflection Portugal’s government is considering a significant cut in VAT on art from 23% to 6%, a move that could reshape the country’s art market and bring it closer in line with European practices.

PDF Qualified Electronic Signatures (QES) delay till Jan 2027 There has been a new 1-year delay to QES, which was scheduled for 1 January 2026, announced in the proposed 2026 budget. Portuguese businesses may continue to use PDF invoices as ‘electronic invoices’ until 31 December