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.
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On the days where I travel to Portugal it would be better not to travel there. All my travels to or from Lisbon are affected by strikes with grim regularity. Once the public transport staff was on strike, the other time the aviation staff and this time the air traffic controller in France were on strike. And as one is crossing southern France and the choice of travel route is not all that flexible, my first flight at 6.20am was cancelled. And to catch such flight means getting up between 4 and 5am. Read More »
The European Court of Justice published its judgement in an infringement procedure where the EU Commission brought several EU Member States to the Court for failure to comply with their obligations under the EU VAT Directive.
The actions relate to the special scheme for travel agents which is commonly referred to as TOMS (Tour Operators Margin Scheme) and which is relevant from an EU-wide VAT perspective. There has been some uncertainty Read More »
I had always been satisfied with my salary. To say this aloud might be dangerous. Maybe it is considered as missing aspiration for more.
I always adapted my needs to my financial possibilities. With such philosophy it’s just easier to live. With 16 when packaging newspapers during the holidays, with 17 when I worked at a petrol station, with 18 as ice cream seller, with 20 as skiing instructor, with 30 as tax adviser I thought my salary was great and I was satisfied.Read More »
Ich war schon immer mit meinem Verdienst zufrieden. Das laut zu sagen mag gefährlich sein. Vielleicht wird es als mangelnde Aspiration für mehr gewertet.
Ich habe immer meine Bedürfnisse meinen finanziellen Möglichkeiten angepasst. Mit so einer Philosophie lebt es sich einfach. Mit 16 als ich in den Ferien Zeitschriften verpackte, Read More »
All goods transported within the Portuguese territory to taxpayers must be accompanied by transport documents issued in accordance with the Portuguese legislation. As from the 1 of July 2013 there is a new obligation to submit the information of the transport documents to the Tax Authority prior to the beginning of the transport. Read More »
Decree Law no. 197/2012 dated 24 of August brings changes in area of invoicing. The concept of “equivalent document” will be replaced by an obligation to issue invoices. At the same time simplified invoicing will be allowed replacing the current regime of invoice exemption and issuing of sales receipts. New rules in area of e-invoicing will make the implementation more business friendly.
Read More »