The lead story in the Portuguese press this Thursday is the government’s new scheme to encourage consumers to ask for receipts when purchasing goods and services in a bid to combat tax evasion by businesses, taxpayers will be able to deduct up to 5% of the VAT they have paid in their income tax return.
«The new deluxe camping», is the lead story in this week’s newsmagazine Visão, about the new camping facilities which have been opening around the country, offering tents with several conveniences one does not usually find in a camping ground.
«Algarve: The best places to snack on the beach», is the cover story in newsmagazine Sábado, giving readers tips on the best places to have a bite on the beach in the Algarve.
«VAT from shopping in income tax return: you must spend €21,000 to deduct €250», writes Público, revealing the government’s new scheme, enabling consumers to deduct 5% of the VAT they have payed while shopping in their tax returns. To reach the €250 ceiling, however, consumers need to spend around €1,750 a month.
Correio da Manhã
«Receipts deduct up to €250 in tax return», reports Correio da Manhã, also about the same scheme the government believes will encourage consumers to ask for an invoice or receipt when purchasing goods and services to combat tax evasion. According to the daily, though, consumers need to declare around €27,000 in expenses to reach the deduction ceiling.
Diário de Notícias
«€250 benefit in tax return only with €26,637 worth of receipts», writes Diário de Notícias, on the Ministry of Finance’s new scheme which will allow taxpayers to deduct 5% of VAT from their expenses in hotels, restaurants, hairdressers, beauty salons, repair shops and many other goods and services they purchase. The aim is to stimulate consumers to ask for receipts to help combat tax evasion.
Jornal de Notícias
«A receipt even for a coffee», reports Jornal de Notícias, also about the government scheme to combat tax evasion.
«Policeman who investigated Duarte Lima in the murder of Rosalina Duarte said he received death threats», reveals i, quoting Brazilian police commissioner Aurílio Nascimento who led the investigation into the former Portuguese MP Duarte Lima in the case of the murder of Rosalina Ribeiro he has been accused of in a multi-million euro dispute.
«Banks ask for lower interest so as to use troika money», writes financial daily Diário Económico, after the president of the Portuguese Bank Association Faria de Oliveira said banks which had tapped the bailout funds in their recapitalisation process might approach the International Monetary Fund to renegotiate interest rates.
Jornal de Negócios
«Every receipt gives maximum of €10 deduction in tax return», reports financial newspaper Jornal de Negócios, also about the new government scheme that aims to get consumers to ask for receipts every time they pay for goods or services in a bid to combat tax evasion.
«Boulahrouz presented in Alvalade: “I’m hungry for titles”», writes A Bola, about Sporting’s new player and how he wants to bring the club many victories.
«I aim to win championships», reports Record, also quoting Boulahrouz, the new Sporting player.
«Rojo arrives today», writes O Jogo, about another of Sporting’s new players, Marco Rojo.