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Latest Public Finance news from Madeira and Funchal. · 76 results
An exceptional regime has been published to help social solidarity institutions and equivalent entities bear the cost of non-recoverable VAT on projects funded by the Recovery and Resilience Plan.
The financial support that subsidizes the VAT on projects under the Recovery and Resilience Plan now also covers investment in the Regional Health Service, with the total amount increased to over 5.3 million euros.
Ordinance No. 518/2026 increases financial support to compensate for non-recoverable VAT for social institutions and expands the scope to include projects of the Regional Health Service funded by the Recovery and Resilience Plan (PRR).
The Madeira Regional Government has amended the unit rates of the Tax on Petroleum and Energy Products (ISP), effective from September 14, 2026.
A joint ordinance from the regional secretariats of Finance and Equipment authorizes the budgetary redistribution of 19,800 euros to cover services for monitoring a court case related to the embargo of the Ponte Nova construction project.
The Regional Government Council approved an extraordinary financial support of 5 million euros to cover the non-deductible VAT borne by entities executing projects under the Recovery and Resilience Plan.
Ordinance No. 428/2026 authorizes an extraordinary financial support of up to 4 million euros to reimburse VAT borne and not recovered by social solidarity institutions with projects financed by the Recovery and Resilience Plan.
Order No. 418/2026 establishes a new unit rate for the Tax on Petroleum and Energy Products (ISP) applicable to road diesel in the Autonomous Region of Madeira.
Order No. 414/2026 authorizes an expense of 13,191.24 euros for the renewal of the lease contract for two units in the 'Duas Palmeiras' Building in Machico.
An ordinance amends the budgetary allocations of a housing investment program, authorizing a maximum expenditure of 44.4 million euros for 2026.
Ordinance No. 400/2026 changes the unit rates of the Tax on Petroleum and Energy Products (ISP) for gasoline and diesel in the Autonomous Region of Madeira, coming into force on August 17.
Ordinance No. 399/2026 amends the budget for housing investments, allowing a maximum expenditure of 43.7 million euros for the 2026 fiscal year.