More Fun and Games !!

Please use this forum for general discussions or questions related to Carvoeiro life ONLY
Post Reply
EMM
CVO Legend
CVO Legend
Posts: 4438
Joined: Tue Nov 25, 2008 10:45 am

More Fun and Games !!

Post by EMM »

There is a report on Algarve daily News that from the start of next year ALL transactions must receive an official tax receipt.
This is being done in an effort to reduce the " black " economy and increase the tax take.
As a few days ago we received a hand written receipt with no names or details from a well known bar I wonder just how this will be received or policed.

If this does goe ahead I am sure we will hear of even more random checks on bars and restaurants to ensure that they are following the rules.
Aitch
CVO Senior
CVO Senior
Posts: 125
Joined: Thu Apr 27, 2006 7:22 am
Location: In the sticks, nr Algoz

Re: More Fun and Games !!

Post by Aitch »

To quote the article:

If the Secretary of State for Fiscal Affairs is seriously considering launching this as law he brings ridicule on himself and the decision makers who approved the measure.

Just about right!
keela
CVO Regular
CVO Regular
Posts: 76
Joined: Mon Sep 05, 2011 1:32 pm

Re: More Fun and Games !!

Post by keela »

This won't have the effect of increasing any receivable tax. In fact the opposite as it could well force a number of businesses to close. it means that tax will be paid sometimes twice. I have a small bookshop, if this goes ahead I will be paying tax on tax. Not good.
Post Reply