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Ordinance No. 534/2026 amends the unit rates of the Tax on Petroleum and Energy Products (ISP) applicable in the Autonomous Region of Madeira, effective from September 21, 2026.
The Madeira Regional Government has published an ordinance updating the rates of the Tax on Petroleum and Energy Products (ISP) applied in the region. The change aims to reconcile environmental protection with support for families and businesses facing rising energy costs.
Ordinance No. 534/2026, of September 17, amends Ordinance No. 10/2015, which defines ISP rates in Madeira. The decree enters into force the day after its publication but only takes effect from September 21, 2026.
The updated rates are as follows:
The Regional Government justifies the measure by citing the need to mitigate the effects of the "exponential increase" in raw material prices on the economy and families, within a framework of progressive tax relief and budgetary stability.
Ordinance No. 533/2026 alters the distribution of charges for the acquisition of road fuels for the RAM fleet, with a total value exceeding 2 million euros.
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.
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.