Wednesday 01 January 2014
The Portuguese Government has announced an increase in the VAT rates applicable in Azores. The new rates are effective from 1 January 2014.
•The standard VAT rate increased from 16% to 18%
•The reduced VAT rate has increased from 4% to 5%
•The second reduced VAT rate has increased from 9% to 10%
Should you wish to discuss this or if you would like further information please contact us by:
Tel: +44 208 601 4600
E-mail: info@meridianglobalservices.com
