Latest news and stories about vat tax in finance in Portugal for expats and residents.
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Socialist leader Pedro Nuno Santos challenges Prime Minister Luís Montenegro to clarify his stance on the far-right while proposing tax relief measures, including zero VAT on essential foods and reduced rates on energy.
Political opposition is urging the government to reintroduce a zero VAT policy on essential goods to combat rising inflation driven by energy price hikes and supply chain disruptions.
CNN Portugal commentator António Costa admits that the measures announced by Spain, namely the VAT cuts, “will put pressure on the Portuguese government,” even though the starting point for both countries is different.
