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Portugal restaurant VAT cut to 13%


Portugal restaurant VAT cut to 13%

Portugal has granted its restaurant and café sector and important subsidy with a reduction in the VAT rate for their food services from 23% to 10% from 1 July 2016.  The rate will drop to 9% and 12% for Azores and Madeira, respectively.

Portugal raised its restaurant rate to the standard rate of 23% in 2013 to help stabilise the country’s finances.

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VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax Richard Asquith
Richard Asquith is VP Global Indirect Tax at Avalara, helping businesses understand their compliance obligations as they grow globally. He is part of the European leadership team which this year won International Tax Review's Tax Technology Firm of the Year. Richard qualified as an accountant with KPMG in the UK, and went on to work in Hungary, Russia and France with EY.