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The Regional Government of Madeira has updated the unit tax rates for the Tax on Petroleum and Energy Products, effective from April 27, 2026.
Through Ordinance no. 185/2026, published in the Official Journal of the Autonomous Region of Madeira, the Regional Government has established new values for the unit tax rates of the Tax on Petroleum and Energy Products (ISP). This measure, which amends Ordinance no. 10/2015, comes as part of the gradual unfreezing of measures to mitigate the impact of fuel prices, seeking to balance support for families and businesses with the promotion of more sustainable consumption.
The new unit tax rates, which come into effect on April 27, 2026, are as follows:
The decision was signed by the Regional Secretary of Economy, acting, Micaela Cristina Fonseca de Freitas, and by the Regional Secretary of Finance, Duarte Nuno Nunes de Freitas, based on the Excise Duty Code and the need to adjust values in light of energy market developments.
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).