Thursday, January 28, 2016

Government falls VAT part of the restoration products – TSF Online

The government plans to lower VAT on food sold in restaurants but the drinks will continue to be taxed at 23%.

The only drinks that fall from 23% to 13% are those that fall in the cafeteria of products:. milk, coffee and water

Soft drinks and alcoholic beverages such as wine and beer remains at the normal rate of 23%.

The news was released by Expresso and has been confirmed by the TSF.

The descent of the 23 tax % to 13% is expected to come into force in July this year.

Antonio Conde Pinto, the chief executive of APHORT considers that it is a step backwards compared to what was expected and what was promised in the socialist electoral program.

Antonio Conde Pinto, the CEO of Association the Hospitality Business, Catering and Tourism (APHORT) shows up disappointed. He believes that it is a step backwards compared to what was expected and what was promised in the socialist electoral program.

The Association of Restaurants and Similar of Portugal, is hoping that this is a matter that is not yet closed

Now José Manuel Esteves, CEO of ARESP , the Association of Restaurants and Similar of Portugal, believes this is a matter that is not yet closed especially since there is a question of law upstream.

PSD to will no longer comment on this matter. Considers that the draft of the state budget presented by the government will still undergo many changes and so prefer to wait for the final version of the state budget proposal for 2016.

TSF know that The Government views this measure as a progressive measure. Ie can later down the VAT of other products.

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