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Region advances with 5 million for PRR VAT
Politics
Инвестиции
Madeira

Region advances with 5 million for PRR VAT

dnoticias.pt4 September 2026 at 10:41

The Regional Government of Madeira approved the creation of an extraordinary financial support, up to a global amount of 5 million euros, to co-finance the VAT borne and not recoverable by entities responsible for social projects funded by the Recovery and Resilience Plan (PRR) in the region.

The mechanism was designated "PRR-RAM VAT Support" and aims to prevent tax charges from compromising the financial capacity of institutions and the execution of investments under the PRR.

The support is aimed at entities responsible for social projects that are funded by the Recovery and Resilience Plan in Madeira, covering situations where VAT paid cannot be recovered.

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