Portuguese government agrees to VAT reduction on (E-)bikes

Portuguese government agrees to VAT reduction on (E-)bikes

31/03/2023

As of January 1, 2023, the VAT on (E-)bikes in Portugal – as the first country in Europe – will go from 23% to 6%. This reduction in VAT is intended to encourage cycling in Portugal and support the green goals of the current government. The result is an average 14% lower sales price on bicycles than in other European countries. A big advantage for the consumer and a well-deserved kudos to the Portuguese government on this point.

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