IVA rates in Portugal
| Rate | €100.00 net becomes | IVA inside €100.00 gross |
|---|---|---|
| 23% (standard) | €123.00 | €18.70 |
| 13% | €113.00 | €11.50 |
| 6% | €106.00 | €5.66 |
Madeira and the Azores have lower rates.
Worked examples at 23%
- Adding IVA: €250.00 × 1.23 = €307.50 (€57.50 IVA).
- Removing IVA: €250.00 ÷ 1.23 = €203.25 (€46.75 IVA).
Invoicing with IVA
If you're registered for IVA, your invoices need to show the amount without tax, the rate and the IVA separately. Our free invoice generator works it out and lays it out for you.