IVA fraud robs Portugal of âŹ11.3 billion over five years
European commissioner Pierre Moscovici is on the warpath, demanding âactionâ. The reason: IVA fraud is robbing the EU of billions. In Portugal, the âŹ11.3 billion âlostâ to state coffers since
Nice view? Lots of sun? Prepare for a rates bill increase!
Houses up for revaluation may find themselves paying higher rates if they get lots of sun, or have a âprivileged viewâ. Jornal de NotĂcias has broken the news, suggesting the
Portugalâs tax on used cars entering country âviolates EU rules of free circulation of goodsâ
The European Court of Justice has ruled on a point that has become a bone of contention to many expats: Portugalâs tax on used cars being imported from member states
Confusion as new restaurant IVA (VAT) regime just two weeks away
Just two weeks from the (re)introduction of 13% VAT on certain items in restaurants, businesses are said to be confused and apprehensive. The problem is that while IVA used to
New law halts sale of family homes for tax debts
From tomorrow, families owing money to the State cannot be forcibly evicted from their homes as these are put up for sale. After years of misery that have seen thousands
Tax on âmore polluting petrol carsâ to be increased
Among tweaks to the PS governmentâs controversial State Budget is the proposal to tax the âmore polluting petrol carsâ in favour of those with less emissions, writes Correio da ManhĂŁ.
Restaurants ready to hire new staff when IVA drops to 13%
A study has found that two thirds (77%) of Portugalâs restaurants will hire more staff when the sectorâs IVA (VAT) rate drops 10 percentage points from its current 23%, and
Increased fuel taxes net government âŹ100 million
Energy minister Jorge Moreira e Silva – receiving flak following his announcement last week that the government hoped to save fuel by encouraging public sector workers to ride bicycles –
PortimĂŁo mayoress accused of axing reviled tax with âelections in mindâ
PortimĂŁo mayoress Isilda Gomes is once again in the hot seat for her councilâs unexpected plan to revoke the townâs reviled civil protection tax. While everyone is happy to see
âTaxes and little taxesâ have now exceeded 100
Itâs a grim headline used by ionline to highlight the extent of pressure on Portugalâs beleaguered restaurant sector. One of the most recent examples, says the paper, has been the