01.20.23
Revisions to Portuguese tax code
The turn of 2023 is a busy one for Portugal in fiscal-related matters, as it also has made significant revisions to its tax code.
As a summary, these changes include:
- An increase in the VAT exemption limit, from 12,500 Euros to 13,500 Euros in 2023
- An extension in the deadline for submitting tax returns, which includes an extension to 20 September for the filing of the second quarter VAT returns
- A reduction in the VAT rate for vegetable-based drinks and butter, to 6%
- A reduction on the VAT rate on biomass equipment, with specific equipment now taxed at 6%.
Tungsten supports all valid VAT rates as part of our e-invoicing solution in Portugal and these are available on our portal for selection.
Browse Portugal updates
Small Medium Enterprise (SME) B2G e-invoicing – further delay
- Informationen zu Mandaten
Business to Government (B2G) small medium enterprise (SME) e-invoicing postponement (again)
- Informationen zu Mandaten
VAT exemption for specific food product imports and transfers and food products
- Informationen zu Mehrwertsteuer-/G(S)ST-Sätzen
Broadening of goods subject to reduced rate
- Informationen zu Mehrwertsteuer-/G(S)ST-Sätzen
Guidance relating to single-use packaging tax
- Weitere geltende Steuern
Revisions to Portuguese tax code
- Länder-Updates
Reduction of VAT on purchase of bicycles
- Informationen zu Mehrwertsteuer-/G(S)ST-Sätzen
VAT exemption codes updated
- Länder-Updates
Reduction in VAT for gas and electricity
- Informationen zu Mehrwertsteuer-/G(S)ST-Sätzen
B2G e-invoicing delay for small / medium enterprises
- Informationen zu Mandaten
SAF-T obligation extended to non-established businesses
- Länder-Updates
Extension of certain VAT rates
- Informationen zu Mehrwertsteuer-/G(S)ST-Sätzen
Requirement to accept the PDF as an e-invoice
- Länder-Updates
Requirement for e-signatures on PDF invoices
- Länder-Updates
New standard rate of 16% in the Azores
- Informationen zu Mehrwertsteuer-/G(S)ST-Sätzen