Portugal VAT changes

Sun 28th Feb 2016

Portugal is proposing a range of VAT changes to the VAT Law, Codigo do Imposto sober o Valor Acrecentado.

  • Simplifications to the low-value invoice disclosure requirements.  The simplifications are available for invoices below the value of €1,000
  • VAT on bread will be cut to the reduced rate of 6%
  • The VAT rate on restaurants and café services will be cut from the standard rate of 23% to the reduced rate of 13%
  • Reduced requirements for VAT registrations

Click for free Portiguese VAT info