Portugal IVAucher extends to petrol payment relief

The discount amounts to 10c per liter of fuel, up to 50 litres per month per person. The discount is being conducted through the IVAucher programme.

Portugal introduced the IVAucher VAT discount programme to boost its vital tourism sector. Through the programme, consumers who spend money in the hospitality sector can receive their VAT back as a credit, which can be spent on another tourism/hospitality purchase.  

Fuel relief through the  IVAucher programme

The fuel relief initiative is effective from November 2021 until March 2022. The maximum discount is €5 per month. Consumers can therefore claim a potential total of €25. 

How do you take advantage of the fuel discount? 

Consumers will receive a rebate via the IVAucher platform. You can join the platform using the official site. 

Further fuel price relief

The IVAucher initiative comes on top of broader measures to limit the price of fuel in Portugal. The government has passed legislation limiting the margins on fuels, in an effort to manage spiking prices. 

Policymakers in Europe are experimenting with a range of VAT initiatives, and other policies, to mitigate high energy prices. 

How businesses operating in Portugal can optimise VAT 

Businesses registered for VAT outside of Portugal can claim VAT refunds on costs incurred in Portugal. 

View this VAT refund guide for Portugal to understand the requirements for claiming back VAT.  The guide includes essential information about claimable expenses, VAT rates, deadlines and claiming periods.

Or get in touch with a VAT IT specialist for customised guidance for your business.