The Socialist Party (Partido Socialista or PS) is calling for a reduction in the value-added tax (Imposto sobre o Valor Acrescentado or IVA) on fuel from 23% to 13%. MP João Torres announced plans to summon oil company representatives to Parliament to discuss the measure ahead of a significant price increase expected this week. The PS also renewed its proposal for zero VAT on essential food items, a move the current government continues to reject.
Socialists push for lower fuel VAT before price hike
Sunday, 3 May 2026AI summary
Context & Explainers
Health cards are private membership or discount schemes sold by companies that offer access to consultations, tests or reduced fees at private clinics; they are not the public health service. The Socialist Party (Partido Socialista or PS) has proposed regulation to increase transparency and protect consumers from misleading marketing or unexpected charges.
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.
6 sources
- PAN wants an end to the 'luxury' VAT rate on animal food and healthcarepetsandcompany.pt ·
- PS insists on lowering fuel VAT and summons oil company representatives to Parliamentdn.pt ·
- PS insists on lowering VAT on fuel and summons oil company representatives to parliamentcnnportugal.iol.pt ·
- PS insists on fuel VAT and summons oil companies to Parliamentobservador.pt ·
- PS insists on lowering VAT on fuel and wants to hear from sector representativespublico.pt ·
- PS calls oil company executives to parliamenteco.sapo.pt ·
