&NewLine;<p>Autovoucher expires at the end of April and will be replaced by a "significant" reduction in ISP &lpar;fuel tax&rpar;&comma; says Secretary of State for Fiscal Affairs&period;</p>&NewLine;&NewLine;&NewLine;&NewLine;<p>L&rsquo&semi; Autovoucher&comma; which is an aid from <a href="https://vivreauportugalconsulting.com/autovoucher-passe-a-20-euro/" data-type="post" data-id="8732">20 euros</a> paid by the State to families to subsidize the rise in fuel prices&comma; ends at the end of the month and will be replaced by a more aggressive measure in terms of&rsquo&semi;tax cuts&period;</p>&NewLine;&NewLine;&NewLine;&NewLine;<h2 class="wp-block-heading">The government puts an end to Autovoucher and replaces it with a reduction in ISP</h2>&NewLine;&NewLine;&NewLine;&NewLine;<p>As we explain, the Autovoucher <a href="https://www.ivaucher.pt/" target="_blank" rel="noreferrer noopener">will come to an end</a> at the end of this month&comma; this aid will be replaced by a more aggressive measure in terms of tax reduction&period; In principle&comma; from May&comma; a reduction in the TIPP &lpar;tax on petroleum products&rpar; will be implemented&period; The government has not yet received the "green light" from the European Commission to lower the VAT rate&period;</p>&NewLine;&NewLine;&NewLine;&NewLine;<p>"As we still don&rsquo&semi;t have the green light from Brussels regarding the lowering of the VAT rate&comma; what we are going to do&comma; is to make sure that the Portuguese&comma; when&rsquo&semi;they go to the pump&comma; in their final bill&comma; pay for fuel as if it had a VAT rate of 13&percnt; and not as if it had a VAT rate of 23&percnt;&comma; through a corresponding reduction in the PSI rate&comma; explained the official&period;</p>&NewLine;&NewLine;&NewLine;&NewLine;<p>According to M&period; Mendonça Mendes&comma; this mechanism&comma; which had already been announced by the Prime Minister at the end of last week&comma; will continue in parallel with the weekly revision of the PSI price according to variations in the price of oil and the&rsquo&semi;increase in VAT revenues&period;</p>&NewLine;
The year 2025 begins with increases in several key sectors in Portugal, marking... Read more
The Portuguese government recently announced an increase in the national minimum wage (SMN) to 870... Read more
Find out how the Portuguese tax system affects companies, with details on taxation,... Read more
The United Kingdom has long been recognized for its economic dynamism, political stability and... Read more
If you want to run an e-commerce business in the UK, it's crucial to know how to... Read more
On September 20, 2024, the Portuguese Tax and Customs Authority unveiled its business plan for... Read more
Our site uses cookies.
Read more