Portugal considers increasing the standard VAT rate by 0.25%, to 23.25%.

The increase would result in the following standard VAT rate changes with regards to the three different regions: from 23% to 23.25% on the Portuguese mainland, from 22% to 22.25% in Madeira and from 18% to 18.25% in Azores.

For further information please feel free to contact:

Susana Claro
Partner
susana.claro@pt.pwc.com
Phone:  +351 213 599 648

Susana Caetano
Senior Manager
susana.caetano@pt.pwc.com
Phone: +351 213599674