Finance Minister says VAT reduction on food would be "captured by producers and distributors"

Tuesday, 31 March 2026RSS
Finance Minister says VAT reduction on food would be "captured by producers and distributors"

The issue of tax relief was raised by Chega MP Eduardo Teixeira.

Context & Explainers

VAT is Value Added Tax (Imposto sobre o Valor Acrescentado), a consumption tax charged at each stage of production and sale; the standard mainland rate in Portugal is 23%. Parliamentary proposals to cut VAT on bottled gas from 23% to 6% would directly reduce consumer prices if approved.

View full article on cmjornal.pt

RSS source