During a signing protocol with NOS this morning, the President of Madeira, confirmed that he will follow the national guidelines and reduce fuel VAT by 12%.
Posts tagged as “vat”
Self-employed workers in the Simplified Regime can use the exceptional programme that permits the payment of VAT in the first half of 2021 to be deferred in three- or six-monthly instalments. The decree that provides for this exceptional and temporary plan is one of the measures that aims to ensure…
Businesses in Portugal have prepared systems for non-resident UK nationals to participate in “tax free” purchases as of 01 January 2021. The plan allows for the recovery of VAT paid on eligible purchases when exiting Portugal. There is a minimum amount of €61.50 within an establishment to be entitled to…
The annual income limit for self-employed workers who are VAT exempt increases from €10,000 to €12,500. The uplift was approved by the General Assembly as part of the belatedly approved 2020 State Budget. Dennis Swing Greene info at madeira-weekly.com