On October 10, 2024, Portugal published its draft state budget law for 2025, which includes several significant indirect tax measures. The budget law, identified as Law No. 26/XVI/1, must be approved by Parliament before it can be enacted.
Read more
Portuguese draft budget law: summary of the indirect tax measures in 2025
Portugal
Author: Nikolina Basić
Category:
Fiscal subject related
Views:
41
Content accuracy validation date:
01.11.2024
Content accuracy validation time:
08:09h
Other news from Portugal
SAF-T accounting obligation in Portugal delayed
Portugal
Author: Nikolina Basić
In the latest 2025 budget announcement, Portugal has once again delayed the implementation of annual SAF-T accounting reporting by one year. The new reporting period will start in 2027, with the first report due early that year. More on deadlines as follows. Read more
Portugal delays mandatory qualified electronic signatures for e-invoices to 2026
Public
Portugal
Author: Nikolina Basic
Portugal
Author: Nikolina Basic
The Portuguese government has delayed the mandatory implementation of Qualified Electronic Signatures (QES) for electronic invoices by one year, now set to take effect on January 1, 2026. This extension allows businesses to continue using PDF invoices as electronic invoices until the end of 2025, providing more time to comply with the new e-invoicing regulations. In the recently announced 2025 Bud... Read more
Portugal introduces new environmental compliance requirements for certain businesses from 2025.
Portugal
Author: Nikolina Basic
In a move to strengthen environmental regulations, Portugal has amended Decree-Law No. 24/2024, introducing significant changes for businesses operating within its jurisdiction. The requirements will take effect on January 1, 2025. Who will they impact? Read more
Portugal Releases User Guide for Manual Upload of Invoices and Receipts
Public
Portugal
Author: Nikolina Basić
Portugal
Author: Nikolina Basić
The Portuguese Tax and Customs Authority has published a new guide titled “Invoices and Receipts - Service Usage Guide” on the Tax Portal at the end of September. This comprehensive guide provides step-by-step tutorials on the features of the new application for issuing invoices/ receipts. Users can also manage a customer catalog and a catalog of goods, services, or other items. This guide outline... Read more
Reduced VAT rates in Madeira
Public
Portugal
Author: Nikolina Basić
Portugal
Author: Nikolina Basić
The Regional Legislative Decree No. 6/2024/M, which approves the budget law for the Portuguese autonomous region of Madeira for 2024, was published on July 29, 2024. This decree includes a significant measure aimed at providing tax relief by reducing the region’s reduced VAT rate from 5% to 4%. This strategic decision is part of ongoing efforts to stimulate economic growth and offer financial reli... Read more
EU to protect domestic e-commerce sellers with a cross-border tax reform
Public
Author: Stefan Ditrih
As online shopping continues to grow, the European Union is planning to implement new regulations to protect local e-commerce sellers. One significant change affects consumers who shop on international platforms like Temu or AliExpress. The EU has already taken some steps at the first sign of growing foreign e-commerce sellers, and since July 1, 2021, all goods entering the EU, regardless of their... Read more