Portugal delays the introduction of live VAT invoice reporting until 1 July 2019

10 May 2019

The Portuguese government have delayed the introduction of the new mandatory real-time invoice reporting regime for VAT registered companies that sell to government bodies, until 1 July 2019.

Originally, this was planned to be introduced from January 2019 and will require businesses making these types of supplies, to send their invoices to the tax authorities for checking at the same time as they are issued to their customer.

Once implemented this new invoice-reporting regime should prevent common errors on these types of invoices and prevent VAT fraud in the country. If successful, it will likely be extended to all business-to-business (B2B) taxpayer transactions in the future.

LATEST NEWS

Romania to increase VAT on most reduced rated supplies...

Romania confirmed that from 1 August 2025 most supplies carrying the reduced VAT rates of 5% and 9%, will be subject to the standard VAT rate of 19%. The only...

SEE MORE
VAT news
LATEST NEWS

Lithuanian reduced VAT rate changes

The Lithuanian Ministry of Finance confirmed that it will: Increase the reduced VAT rate of 9% to 12% affecting such services as domestic passenger transport...

SEE MORE
VAT news
LATEST NEWS

Gibraltar to introduce a 15% sales tax

As a result of a post-Brexit agreement between the UK and Spain, the British overseas territory of Gibraltar will introduce a 15% sales tax by 2028. Post...

SEE MORE
VAT news

Gated Content

The following email providers are not accepted: gmail, hotmail, yahoo. Please use proper company email.