Finance: Fuel tax news in Portugal

ISP discount to have a 604 million euro impact in 2025

António José Seguro promulgates changes to the VAT and Special Consumption Tax codes

The legislation in question extends the scope of the taxation regime applicable to liquid fuel resellers.

Fuel tax burden weighs more heavily on middle-income families

This conclusion is part of the 'Portugal Fiscal' study, which outlines a portrait of the Portuguese tax system in 2025 across various levies, including the Tax on Petroleum and Energy Products.

Extended fuel tax discount until the end of the year

The measure, created after the start of the war in the Middle East, applies when fuel prices rise by more than 10 cents compared to the reference week of March 2026.

IL says Government has a moral obligation to lower fuel tax and questions fuel reserves

The president of the Liberal Initiative (IL), Mariana Leitão, stated that the Government is morally obliged to implement a parliamentary resolution from May to reduce the tax on petroleum and energy products (ISP). She also questioned the state of the country's fuel reserves, criticising the executive's 'paternalistic' advice for citizens to save fuel, and raised concerns about whether there is a risk of supply shortages.

Ventura challenges PS again to approve fuel VAT reduction. PSD calls him a "political fraud"

The Chega leader argued that fuel taxes are a “national robbery” and criticised the Government's absence from this debate, alleging that the Prime Minister was at a “football gala”.

Taxing fuel at the same level as Spain would cost Portugal 2.29 billion euros

An analysis of the potential fiscal impact if Portugal were to align its fuel tax rates with those currently applied in Spain.

Requested Records: PS and Chega want to lower fuel VAT, but the 'devil' is in the details

The 'Requested Records' is a weekly segment by ECO, created as part of the 'On the Road to the 2027 State Budget' series. Every Thursday, we analyze a relevant proposal, explain in depth what is at stake, and question the likelihood of it receiving the 'green light' in Parliament. The impact of the war in the Middle East...

IL pressures Government to lower fuel tax

The IL returned to Parliament to demand that the Government implement the resolution approved in May — with votes from Chega, PS, PCP, and BE — which recommends a reduction in the ISP on fuels.

Chega proposes at least one year of 13% VAT on fuel

The bill provides for the law to be in force for a period of 12 months, which may be renewed, but requires its impact to be assessed by the Government starting in July, similar to the 'zero VAT basket' measure.

Carneiro says the PS was the first to advocate for a reduction in fuel VAT

PS Secretary-General José Luís Carneiro stated on Monday, September 14, that the Socialists were the first to propose reducing VAT on fuel. He was responding to comments from Chega leader André Ventura, who challenged him to support a reduction from 23% to 13%. Carneiro insisted that the PS had already submitted such proposals to the Assembly of the Republic, which were previously blocked by the AD, Chega, and the Liberal Initiative, and he questioned whether Chega would support the PS's own proposals.

6 PM: Chega wants to lower VAT on fuel

The Chega party proposes a reduction in the Value Added Tax applied to fuels.

Portugal rules out further fuel tax cuts

Hugo Soares accuses José Luís Carneiro of living 'in the past' and rejects VAT cut on fuel

The PSD secretary-general accuses the PS leader of being 'spoilt' by the times when, he claims, the António Costa government benefited from increased tax revenues generated by rising prices. Rejecting the socialist proposal to reduce VAT on fuel, Hugo Soares argued that support should continue to be provided through the ISP.

Ventura accuses Government of 'theft' on fuel by charging 'illegal tax'

Ventura described this situation as 'deplorable'.

Illegal fuel tax yields over 700 million for Infraestruturas de Portugal

A surcharge on fuel, deemed illegal, has generated more than 700 million euros in revenue for the state-owned company Infraestruturas de Portugal.

Jornal de Notícias24 Aug

10 PM. Ventura refuses to apologise regarding the frigate deal

At issue are the accusations made by the Chega leader and MP Pedro Frazão regarding the purchase of three frigates from an Italian shipbuilder. Additionally, the Government will increase the ISP discount next week.

AEP takes 20 national companies to Angola's largest business fair

The Portuguese Business Association (AEP) is leading a delegation of twenty Portuguese companies to the 41st Luanda International Fair (FILDA), taking place from July 21 to 26 in the Luanda-Bengo Special Economic Zone. The initiative is coordinated with AICEP and the Portugal-Angola Chamber of Commerce and Industry (CCIPA). The delegation includes companies from various sectors such as industrial machinery, food production, software, and textiles, aiming to explore internationalization opportunities. The event, themed 'Produce and innovate locally, win globally,' highlights the focus on local value chains. Additionally, AEP president Guerra has requested that the government extend the fuel tax (ISP) discount to support businesses and families.

Government accused of using Middle East crisis to boost fuel tax revenues

Portugal’s Socialist Party (PS) has accused the government of turning the Middle East conflict into “a fiscal opportunity”, claiming it has allowed motorists to shoulder higher fuel taxes while benefiting The post Government accused of using Middle East crisis to boost fuel tax revenues appeared first on Portugal Resident.

Government admits end of ISP discount following Middle East crisis

The Government admits to eliminating the discount on the ISP (fuel tax) as soon as the crisis in the Middle East stabilises.

11am Discount on ISP is set to end

The fuel tax discount (ISP) is scheduled to be discontinued.

Azores Government to apply fuel tax reduction

Home News Azores Government to apply fuel tax reduction Azores Government to apply fuel tax reduction The Government of the Azores has introduced targeted measures to counter surging fuel prices, lowering the Tax on Petroleum Products (ISP) to cut gasoline and diesel costs by eight to 13 cents.

Government increases fuel tax discount

The executive's decision is due to the “rise in road diesel and unleaded petrol prices” next week — the discounts will be 63.56 euros and 60.40 euros per 1,000 litres, respectively.

PS/Azores calls for fuel tax reduction in the archipelago

Since May 1st, 95-octane unleaded petrol has cost 1.921 euros per litre in the Azores, and road diesel 2.004 euros per litre.

Carneiro criticises Government over tax increases

The PS secretary-general says the Government “increased taxes on fuel” while simultaneously reducing corporate income tax (IRC) for large companies.