Latest news from Portugal

Portugal delays the introduction of live VAT invoice reporting until 1 July 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… Read More

Portugal cuts e-book and cultural service VAT rates

Portugal have recently reclassified the VAT rate on the below services to the reduced VAT rate (6% in mainland Portugal, 5% in Madeira and 4% in Azores): Digital e-books and online publications – This follows the EU Councils proposal to allow EU member states to cut rates on electronic publications to match their printed equivalents,… Read More

Portugal live VAT invoice reporting 2019

From 1 January 2019, Portugal will introduce a new mandatory real-time invoice reporting regime that will apply to all VAT registered companies who sell to government bodies. This new regime will require businesses making these types of supplies, to send the invoices to the tax authorities for checking at the same time as they are… Read More