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Feast on Savings: Portugal Slashes VAT on Food Baskets by 10%

Grab your chance to save big on essential food items! The prices of items included in the zero VAT food basket have been slashed by a delightful 10% until July 17, as reported by the Food and Economic Security Authority (ASAE). Enjoy more affordable grocery shopping and make the most of this limited-time offer. Hurry and stock up on your favorite items while the discount lasts!


Lisbon Super Market

Over the past three months, a VAT exemption measure has been in place for a variety of 46 food goods. We're thrilled to announce that according to the latest data from the Food and Economic Security Authority (ASAE), this VAT exemption has led to an extraordinary outcome - a whopping reduction in food prices exceeding 10%!

The Scope of the VAT Exemption: The implementation of the VAT exemption covered a diverse range of 46 types of food items, providing much-needed relief to consumers and their grocery budgets. From essential pantry staples to delightful treats, these goods were eligible for the VAT exemption, making them more affordable for households across the nation.

ASAE's Monitoring Reveals Impressive Savings: The Food and Economic Security Authority (ASAE) diligently monitored the prices of these VAT-exempted food items during the three-month period. Their meticulous efforts yielded exceptional results - a significant reduction in food prices by more than 10% on average!

What Does This Mean for You? The VAT exemption has presented a golden opportunity for you to save more on your grocery expenses. As the prices of these 46 food items have gone down, you can now shop for your favorite essentials and treats while keeping more money in your pocket.

Time is of the Essence: But remember, all good things must come to an end. The VAT exemption measure is only valid until the 17th of July. So, make the most of this limited-time offer and take advantage of the remarkable discounts while they last! Tips to Maximize Your Savings: To make the most of the VAT exemption, consider these savvy shopping tips:

  1. Create a shopping list: Plan ahead and jot down the food items you need to avoid impulse purchases.

  2. Stock up on non-perishables: Take advantage of the savings by buying in bulk for items with longer shelf lives.

  3. Compare prices: Check different stores for competitive prices to get the best deals.

  4. Explore local markets: Support local vendors who may offer fresh produce and goods at affordable prices.

Conclusion: The VAT exemption has been a game-changer, leading to a remarkable reduction in food prices of more than 10%. We hope this blog has inspired you to take advantage of this fantastic opportunity to save big on your grocery shopping until the 17th of July. So, let's embark on this feast of savings together, and make the most of these pocket-friendly prices while they last! Happy shopping!


INLIS Consulting | Accounting Firm in Lisbon.


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