23 December 2015
As previously stated in our October 2015 newsletter, the reduced VAT rate will increase from 8% to 10% as of 1 January 2016. This rate is currently applied to supplies such as hotel accommodation, public transport, cinema entrance and the state TV licence.
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Emergency VAT measures to combat the financial impact...
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Portugal to reduce the VAT rate on gym and health club...
The Portuguese tax office has announced that the VAT rate on gym and health club memberships is to be reduced to 6%. To find out how this update could impact...
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