Latest news from Portugal

UPDATE: Portugal delays the introduction of live VAT invoice reporting for non-residents until January 2021

The Portuguese government have again delayed the introduction of the new mandatory real time invoice-reporting regime for non-resident VAT registered businesses until 1 January 2021. Originally, this was planned to be introduced from January 2020 and required non-resident businesses to send their invoices to the tax authorities for checking at the same time as they… Read More

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