VATLive > Blog > VAT > Portugal VAT changes - Avalara

Portugal VAT changes

  • Feb 26, 2016 | Richard Asquith

Portugal VAT changes

Portugal is proposing a range of VAT changes to the VAT Law, Codigo do Imposto sober o Valor Acrecentado.

  • Simplifications to the low-value invoice disclosure requirements.  The simplifications are available for invoices below the value of €1,000
  • VAT on bread will be cut to the reduced rate of 6%
  • The VAT rate on restaurants and café services will be cut from the standard rate of 23% to the reduced rate of 13%
  • Reduced requirements for VAT registrations

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 won International Tax Review's 2020 Tax Technology Firm of the Year. Richard trained as an accountant with KPMG in the UK, and went on to work in Hungary, Russia and France with EY.