07.06.22
Extension of certain VAT rates
Portugal’s 2022 budget has been approved in Parliament.
Amongst measures such as transposing certain VAT Directives for EU purposes and amending VAT compliance-related deadlines:
- The reduced rate of 6% (5% in Madeira and 4% in the Azores) has been extended for:
- Certain dairy-free products;
- Repair services for domestic appliances;
- Delivery and installation of certain solar panels.
This extension is due to expire on 30 June 2025.
Compliance is complicated
Want to learn more about how Tungsten Network makes the process of staying compliant easier?
Browse Portugal updates
Small Medium Enterprise (SME) B2G e-invoicing – further delay
- Mandate information
VAT exemption for specific food product imports and transfers and food products
- VAT/G(S)ST rate information
Broadening of goods subject to reduced rate
- VAT/G(S)ST rate information
Guidance relating to single-use packaging tax
- Other applicable taxes
Revisions to Portuguese tax code
- Country updates
Reduction of VAT on purchase of bicycles
- VAT/G(S)ST rate information
VAT exemption codes updated
- Country updates
Reduction in VAT for gas and electricity
- VAT/G(S)ST rate information
B2G e-invoicing delay for small / medium enterprises
- Mandate information
SAF-T obligation extended to non-established businesses
- Country updates
Extension of certain VAT rates
- VAT/G(S)ST rate information
Requirement to accept the PDF as an e-invoice
- Country updates
Requirement for e-signatures on PDF invoices
- Country updates
Option to use PDF e-invoices extended to 31 December 2021
- Country updates
New standard rate of 16% in the Azores
- VAT/G(S)ST rate information
Non-resident billing software certification from 1 July 2021
- Country updates