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Portugal Providing 0% VAT Rate for Essential Foods and Other Support to Mitigate Increased Cost of Living

|Approved Changes|Portugal
Portugal

On 24 March 2023, the Portuguese government presented a package of new measures that are being implemented to mitigate the increased cost of living in Portugal. The main tax measure is the temporary application of a 0% VAT rate on a basket of essential food products. The 0% VAT rate applies for 6 months from April to October 2023.  In addition to the 0% VAT rate, the government is also providing support for agricultural production, support for public administration workers, support…

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