1 minute read
Portugal
Next Article
Government incentives 2023
Purchase subsidies
> Subsidy of €4,000 for fully electric passenger vehicles for private individuals. The incentive is capped at €5,200,000 or 1300 applications.
> Subsidy of €6,000 for e-LCVs only to companies. The incentive is capped at €900,000 or 150 applications.
Registration tax benefits
BEVs have no registration tax (ISV), and PHEVs have a 75%of reduction (only PHEVs that 2 emit less than 50g CO /km and autonomy higher than 50km).
Ownership tax benefits
Road tax exemption for BEVs.
Company tax benefits
The principal differences between 2022 and 2023 are the decrease value to all PHEV vehicles and the autonomous taxation of 10%to BEVs with investment value greater than €62,500.
VAT benefits
Full deductible VAT (only to financial depreciation) for BEVs whose investment value is less than €62,500 and for PHEVs whose investment value is less than €50,000.
Other financial benefits
Full VAT deduction of the energy consumed by BEVs and PHEVs.
Local incentives
Free parking in several cities in Portugal for BEVs (Lisbon, Beja, Guimarães and others).
