Portugal has confirmed further delays to Value Added Tax deadlines in recognition of the continued disruption from the COVID-19 health and economic crisis. The usual annual 2020 VAT return (IES) has been delayed until 22 July 2021. Ordinarily, it would have been due by 15
The Portuguese Autoridade Tributária e Aduaneira tax office has extended the application of the Value Added Tax domestic reverse charge for non-resident businesses and B2B supplies of goods or services. This significantly reduces the use cases where foreign suppliers have to charge Portuguese VAT –
Portugal is to go ahead with obligations for non-resident businesses to start using certified VAT invoice producing software from 1 July 2021. The use of QR Codes and ATCUD unique invoice number is postponed until January 2022. Like the current requirement for resident businesses, foreign
The Tax and Customs Office of Portugal is to provide delays on VAT return and payment deadlines in recognition of the ongoing coronavirus economic and health crisis. In order number 133/2021-XXII, the deadline for submitting VAT returns in June (for April transactions) will be the
Portugal is to enable importers to avoid the cash payment of import VAT by introducing deferred VAT from 1 March 2018. Traders will be able to report the import through their Portuguese VAT return and reclaim relief at the same time – thus removing the
Portugal has announced a rise in its standard VAT rate from 21% to 23% from 1 January 2011. The follows the worsening Euro financial crisis, and threat to a number of countries’ deficits. Other countries, including Ireland, Romania, Italy, Spain and Greece have also been forced into
