{"id":20015,"date":"2021-07-06T18:00:35","date_gmt":"2021-07-06T17:00:35","guid":{"rendered":"https:\/\/arquiconsult.com\/?p=20015"},"modified":"2024-01-18T12:03:07","modified_gmt":"2024-01-18T12:03:07","slug":"normal-vat-rate-in-azores-drops","status":"publish","type":"post","link":"https:\/\/arquiconsult.com\/en\/normal-vat-rate-in-azores-drops\/","title":{"rendered":"LEGAL UPDATE:  NORMAL VAT RATE IN AZORES DROPS TO 16% FROM THE 1ST OF JULY"},"content":{"rendered":"<p>From the 1st of July the normal VAT rate in Azores will be 30% lower than the national normal rate, the maximum level legally admitted, going from 18% to 16%.<\/p>\n<hr id=\"system-readmore\" \/>\n<p><b><br \/>\nFollowing the approval of the Plan and Budget for the Autonomous Region of Azores, from the 1st of July the normal VAT rate in Azores will be 30% lower than the national normal rate, the maximum level legally admitted, going from 18% to 16%.<br \/>\n<\/b><\/p>\n<p>&nbsp;<\/p>\n<p>Therefore, from 1 July, VAT in the Azores will be 4%, 9% and 16%, equivalent to the reduced, intermediate and normal rates, respectively.<\/p>\n<p>&nbsp;<\/p>\n<h4>Dynamics Setup<\/h4>\n<div class=\"services_vertical horizontal_services row\" style=\"background-color: #cee6ef; padding: 25px; border-radius: 5px; color: #000000;\">\n<p>To setup the new VAT rate, select the VAT codes defined for Azores and normal rate and on Values:<\/p>\n<ul>\n<li>Change the end date for the active rate line to 30\/06\/2021;<\/li>\n<li>Setup a new line with start date of 01\/07\/2021 and the end date in the future (ex: 31\/12\/2050)<\/li>\n<li>On the new line, configure the rate of 16%.<\/li>\n<\/ul>\n<p>If you have different scenarios configured (like VAT codes identified with the VAT rate), new Item VAT groups and VAT codes may be required.<\/p>\n<\/div>\n<p>&nbsp;<\/p>\n<hr \/>\n<h4><b>ARQUICONSULT SUPPORT<\/b><\/h4>\n<p>If you want ARQUICONSULT to carry out this update or any other type of support, please request it via Service Request in our support platform <a href=\"https:\/\/support.arquiconsult.com\/\" target=\"_blank\" rel=\"noopener\"> https:\/\/support.arquiconsult.com\/.<\/a><\/p>\n<p>&nbsp;<\/p>\n<div class=\"jumbotron jumbotron-primary\">\n<h3>Request support from our Team and Customer Care<\/h3>\n<p><a class=\"btn btn-primary btn-lg\" href=\"https:\/\/support.arquiconsult.com\/\" target=\"_blank\" rel=\"noopener\">Support<\/a><\/p>\n<\/div>\n<!--themify_builder_content-->\n<div id=\"themify_builder_content-20015\" data-postid=\"20015\" class=\"themify_builder_content themify_builder_content-20015 themify_builder tf_clear\">\n    <\/div>\n<!--\/themify_builder_content-->\n","protected":false},"excerpt":{"rendered":"<p>From the 1st of July the normal VAT rate in Azores will be 30% lower than the national normal rate, the maximum level legally admitted, going from 18% to 16%. Following the approval of the Plan and Budget for the Autonomous Region of Azores, from the 1st of July the normal VAT rate in Azores [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":32781,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2129,2127,1166],"tags":[2015,1859,1173,2043],"acf":[],"_links":{"self":[{"href":"https:\/\/arquiconsult.com\/en\/wp-json\/wp\/v2\/posts\/20015"}],"collection":[{"href":"https:\/\/arquiconsult.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/arquiconsult.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/arquiconsult.com\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/arquiconsult.com\/en\/wp-json\/wp\/v2\/comments?post=20015"}],"version-history":[{"count":0,"href":"https:\/\/arquiconsult.com\/en\/wp-json\/wp\/v2\/posts\/20015\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/arquiconsult.com\/en\/wp-json\/wp\/v2\/media\/32781"}],"wp:attachment":[{"href":"https:\/\/arquiconsult.com\/en\/wp-json\/wp\/v2\/media?parent=20015"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/arquiconsult.com\/en\/wp-json\/wp\/v2\/categories?post=20015"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/arquiconsult.com\/en\/wp-json\/wp\/v2\/tags?post=20015"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}