Self-employed workers in the Simplified Regime can use the exceptional programme that permits the payment of VAT in the first half of 2021 to be deferred in three- or six-monthly instalments. The decree that provides for this exceptional and temporary plan is one of the measures that aims to ensure liquidity to small businesses faced with a drop-in activity and invoicing due to the restrictions imposed by the covid-19 pandemic.
The Banco de Portugal wants companies and shops to accept at least one form of electronic payment in addition to cash. With cash increasingly in decline, the covid-19 pandemic has only accelerated the digitalization of transactions, thereby increasing online consumption and the use of contactless payments.
Almost three out of four hotels and tourist developments in the Algarve plan to suspend their hospitality activities during the low season due to the crisis caused by the pandemic. Before the arrival of Covid-19, about 50% of hotels and tourist developments were already planning to close during the off-season. This number may continue to rise and leave even fewer establishments and developments open for business during the coming winter months.
The impact of the Covid19 pandemic on the Local Lodging Accommodation (“AL”) market is devastating. In May, average occupancy rates reached only 5% in Lisbon and 3% in Porto, worsening the already low levels observed in April when Lisbon registered an average occupancy rate of 10% and Porto 11%. Despite the dramatic drop in demand, average monthly rates remained at usual levels, reaching €93 in Lisbon and €70 in Porto.
Turismo de Portugal continues with online training actions for the Clean & Safe” Seal. This initiative is aimed at Tourist Enterprises, Local Lodging Accommodations, as well as Tourism and Travel Agencies that want to know the control measures for cleaning, hygiene and basic COVID-19 prevention.
Registration is certified and free of charge. The training sessions last a total of 2, 3, or 4 hours depending on the type of activity. With a limit of 500 participants per session, there are several times available during the coming weeks. The training will provide participants with an overview of the internal protocol related to their organization during the COVID-19 outbreak .