07 Friday Dec 2018
Posted in Posts
≈ Comments Off on The next step for Automatic VAT in 2019: the e-Invoice
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at, automatic, irs, pre-filling, vat
Following the automatic IRS, the “AT” advances to automate VAT in three phases.
The Tax and Customs Authority has taken the first step in automating the VAT declaration, making available pre-filling of certain amounts in the fields related to “transfers of goods and services” with tax paid and those corresponding to “Tax in favour of the State”. Continue reading
08 Monday Jan 2018
Posted in Posts
Tags
2018, automatic, dependents, filing, irs
The Council of Ministers approved “Automatic IRS” for households with dependents, thus extending the measure to three million households next year. In 2017, “Automatic IRS filing” covered taxpayers with no dependents, having salaries or pensions. In 2018, “Automatic IRS filing” will include families with dependents, as well as taxpayers who receive tax credits related to donations.
31 Tuesday Oct 2017
Posted in Posts
The Tax Authority (“AT”) is working to automate IRS filing for taxpayers with dependent children as early as 2018. Last year, automatic IRS filing only benefited taxpayers without dependents. According to the latest “AT” data (2015), taxpayers with dependent children account for over 1.2 million households.
24 Thursday Aug 2017
Posted in Brochure
05 Friday May 2017
Posted in Posts
Coercive assessments should allow the treasury to collect 1,100 million euros throughout fiscal year 2017. To reach this goal, the “AT” (Tax and Customs Authority) is reinforcing automatisms and computer applications in order to be able to monitor more effectively the progress of processing tax debts. This represents a decrease from previous years since overdue taxes have also diminished.
27 Monday Feb 2017
Posted in Posts
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2017, automatic, errors, expenses, income, paye, portugal, reporting, submission, united kingdom
Starting in 2017, the Portuguese Tax Authority (“AT) is making available Automatic IRS Reporting to over one million taxpayers in Portugal. The change is part of “Simplex”, a programme designed to reduce bureaucracy at all levels of government.
08 Tuesday Nov 2016
Posted in Posts
The Finanças web site will offer an automatic income declaration option for taxpayers to confirm the pre-completed tax information. Over the next few years, all taxpayers with income from Portuguese employment and pensions (currently reporting in the first phase) will have this alternative available.
DSG - in the pipeline 