On Monday, the government signed a protocol providing for the application of a zero VAT rate to various food products, and made public the list of food products. The measure, announced by Prime Minister António Costa, is meant to help Portuguese families.
This Tuesday, the Council of Ministers meets to approve the bill, which will then enter the Assembly of the Republic (AR). Once approved by the AR, the measure must still be adopted by the President of the Republic. Companies have fifteen days to adjust prices after the publication of the law in Diário da República, which means the values will not be updated by Easter.
“The total cost of this program is about 600 million euros,” António Costa said. “It has a horizon of six months and we have to follow its development,” he added.
The zero VAT basket includes 44 items divided into seven categories.
Discover the products one by one:
Cereals and derivatives; tubers
Bread
Potato
Pasta
Rice
vegetables
Onion
Tomato
Cauliflower
lettuce
Broccoli
Carrot
vegetable marrow
leek
pumpkin
turnip greens
portuguese cabbage
spinach
turnip
fruits
Garbage
Banana
Orange
Pear
Melon
legumes
Red beans
black Eyed Peas
chickpeas
Peas
dairy
Cow’s milk
yoghurts
Cheese
Meat, fish and eggs
Pork
Chicken
turkey meat
Beef
Cod
Sardine
Hake
horse mackerel
canned tuna
Gold
Mackerel
Chicken eggs
fats and oils
Oil
vegetable oils
Oil
Author: morning Post
Source: CM Jornal
I’m Tifany Hawkins, a professional journalist with years of experience in news reporting. I currently work for a prominent news website and write articles for 24NewsReporters as an author. My primary focus is on economy-related stories, though I am also experienced in several other areas of journalism.