All Blog Articles
resources-post-top-bg Portugal: new deadlines for VAT payments

Portugal: new deadlines for VAT payments

11th November 2019: Taxpayers in portugal to have more time to make VAT payments on VAT returns.

The Portuguese tax authorities have extended the due date to pay VAT on monthly and quarterly VAT returns by 5 days. This extension does not affect the due date to submit VAT returns, which remains unchanged. These changes apply as from 1 October 2019.

This will now result in two deadlines will applying on your Portuguese VAT return:

  • The submission deadline and
  • the payment deadline.

 

Portugal already had in place different deadlines for monthly and quarterly returns, so the October changes add up some complexity on these VAT filings. The below table gives an overview of the new applicable deadlines:

  • Monthly VAT returns – Submission 10th of the second following month
  • Monthly VAT returns – Payment 15th of the second following month
  • Quarterly VAT returns – Submission 15th of the second following month
  • Quarterly VAT returns – Payments 20th of the second following month

 

If any of these deadlines fall on a weekend or bank holiday, the due date is shifted to the next working day.

The Portuguese tax authorities also recently have postponed the mandatory application of certified software for non-resident companies until 01.01.2021. Read here.

____________________________________________________

If you have any queries or you are worried that your business is not prepared, please contact our team for free bespoke advice.

For further information, subscribe to our blog!

vat@taxbackinternational.com

 

.

See more Taxback International Articles

Portugal postpones requirements for certified invoicing software.

25th September 2019: The obligation for non-resident Portuguese taxpayers to use a certified invoicing system has been postponed until 01.01.2021.

Portugal: New obligations to effect all VAT registered companies.

26th July 2019: By 31 October 2019 all companies must be registered in the central register of beneficial owners.

Deadlines for compliance with new invoice processing and storage rules for Portugal.

15th August 2019: Everything you need to know about Portuguese taxpayer deadline extension.