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Portuguese gov’t collects nearly €21b taxes in 2015

byCustoms Today Report
26/08/2015
in Uncategorized
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LISBON: The Portuguese state has collected almost 21 billion euros in taxes so far in 2015, which is up around five percent, when compared with last year.

The result is said to be due to an increase in the collection of direct taxes, and while there was no increase in VAT, revenue from this tax rose by over eight percent, suggestion greater spending power and consumer confidence among Portuguese taxpayers.

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Similarly, car tax rose by 25 percent, while cash from fuel taxes were up by seven percent, meaning more new cars were being bought this year, while people were driving more than in 2014.

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