Latest news and stories about tax discount in Portugal for expats and residents.
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The government has approved a new tax discount on fuel duty of 2.7 cents for petrol and 1.4 cents for diesel. The measure limits the expected price increase next week to less than 10 cents.
Every year it's the same. As we approach December, the advertisements from banks and insurance companies multiply, encouraging another contribution to the PPR. The argument is always the same: “make a PPR by December 31st and receive a tax discount.”
The Government has decided to reduce the discount on the Tax on Petroleum Products (ISP) on the day a sharper drop in diesel and petrol prices was announced, expected for next week. A decree published this Friday updates “the unit rates of the ISP on petrol and diesel, promoting the necessary reversal [...]”
