This is very simple Portuguese VAT calculator. It can be used as well as reverse VAT calculator so it is easy to calculate VAT inclusive and exclusive prices.
What is VAT rate in Portugal?
Current VAT rate in Portugal is 23% for most goods and services. There is reduced VAT rate (13%) and super reduced VAT rate (6%) for some goods and services. Also there is 13% parking rate in Portugal.
Parking rate in Portugal
The parking rate of 13% applies to:
- Wine
- Agricultural tools and utensils, mobile silos, tractors, pumps and other machinery designed exclusively or mainly for the purpose of agriculture, cattle breeding or forestry.
- Diesel for the agriculture
VAT exemptions in Portugal
Special rates apply in the Azores and Madeira:
- In the Azores:
4% – reduced rate
9% – reduced rate and parking rate
18% – standard rate; - In Madeira
5% – reduced rate
12% – reduced rate and parking rate
22% – standard rate.
Value Added Tax in Portuguese
Value Added Tax in Portuguese is called Imposto sobre o Valor Acrescentado and abbreviation is IVA.
Portuguese Value Added Tax history
| Year | Reduced rate | Standard rate | Increased rate | Parking rate |
|---|---|---|---|---|
| 1986 | 8% | 16% | 30% | – |
| 1988 | 8% | 17% | 30% | – |
| 1992 | 5% | 16% | 30% | – |
| 1995 | 5% | 17% | – | – |
| 1996 | 5% | 12% | 17% | – | – |
| 2002 | 5% | 12% | 19% | – | 12% |
| 2005 | 5% | 12% | 21% | – | 12% |
| 2008 | 5% | 12% | 20% | – | 12% |
| 2010 | 5% | 13% | 21% | – | 13% |
| 2011 | 5% | 13% | 23% | – | 13% |