After the automatic IRS, the idea is extended to VAT



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A Tax authority (TA) will automate the processing return of the VAT return, similar to what already happens with the IRS. In this way, The Treasury will begin to make available a pre-filled declaration, Which will then be validated by the taxpayer before it is submitted.

"[Esta proposta] Represents a further step towards the simplification in which we intend to transform the taxpayers' relationship with ta. As with the IRS, AT will leverage all the information available to each Taxpayer in order to complete their VAT return and thereby save taxpayers the time and effort to control invoices"Said Finance Minister Mauro Sento in Braga on Monday, according to statements transmitted by RTP3.

According to the statement by the State Secretary of Fiscal Affairs, Antonio Mendonza Mendes, for now, the full declaration of the Declaration Available to those who meet the following conditions: Normal quarterly delivery regime, without organized accounting and which have only issued invoices in the portal of finance at the time in question.

The government emphasizes that automatic VAT may take effect in the next year.

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