Latest news and stories about tax increase in Portugal for expats and residents.
The tax currently charged is €2.50, but the municipality led by Social Democrat Luís Filipe Menezes is advocating revising it to €3 to 'promote an appropriate balance.'
The PS today accused the Government of raising taxes “not even 48 hours” after the approval of the State Budget, while AD and Chega refused to allow the additional revenue from ISP to be used to lower VAT on essential goods. In statements to Agência Lusa, the parliamentary leader of the PS, Eurico Brilhante Dias, reacted to the ordinance [...].
Taking advantage of the significant drop in fuel prices, diesel should decrease by 7 cents, but the government is reducing the tax discount and increasing the petroleum tax. Final prices will still decrease, but by less.
