How much is VAT in Portugal?
There are three VAT rates in Portugal – the standard rate is currently 23%; however, there is also a reduced rate of 13% and a super reduced rate of 6%. These rates differ from region to region as well.
Do I pay VAT in Portugal?
Yes, VAT in Portugal is charged on all taxable goods and services. The only category that isn’t subject to VAT is intra-community and international passenger transport.
Is a VAT number in Portugal the same as NIF?
There is only one tax ID in Portugal (for individual and corporate taxpayers), the NIF. It is used for all tax purposes including as a VAT number (i.e. for intra-community trade).
What is a tax ID in Portugal?
A tax ID in Portugal is an identification number that the Portuguese government uses to identify a company or taxpayer.
What is a Portuguese tax number?
Portuguese tax numbers are a nine-digit number. A Portuguese tax number is called a Número de Identificação Fiscal or a NIF number.
What are Portugal’s VAT rules?
Portuguese VAT rules are based on regulations drawn up by the EU, of which Portugal was a founding member. The standard Portuguese VAT rate is currently 23%. As a Member State of the EU, Portugal is obliged to implement the VAT Directives, which provide guidance on VAT. Where there is a conflict, the European Directive takes precedence.
What is Portugal’s VAT law?
Portuguese VAT law has a specific code, Código do Imposto sobre o Valor Acrescentado (“Codigo do IVA”) and Regime de IVA nas Transacções Intracomunitárias (“RITI”) and is administered by the Autoridade Tributária