General information
Content
In June 2021, more than 6 million invoices with the Tax Identification Number (NIF) were registered in the accommodation, culture, and restaurant sectors.
The aforementioned number of invoices issued with the TIN of consumers in the sectors covered by the IVAucher Program corresponds to an increase of 34% compared to June 2020, and consumption totaling 167 million euros.
The VAT balance accumulated by Portuguese taxpayers in the IVAucher Program during June amounts to 21.2 million euros, which corresponds to an increase of 48% compared to the value registered in June 2020.
To use the accumulated amount, which can happen from October 1, users need to join the IVAucher program, by associating their bank card with the respective NIF.
Even though membership only has to take place before using the benefit, to date more than 102 thousand consumer memberships have already been registered in the mentioned program.
Over the past few weeks, the team which is responsible for the implementation of the IVAucher Program has promoted several sessions with associations representing the sectors in question, to clarify traders on the different ways of making the Program available to consumers, universal and free solutions for such.
The IVA voucher is a temporary Portuguese government program created to boost consumption in the sectors most affected by the pandemic. The program allows consumers to accumulate the amount of VAT paid in accommodation, culture, and restaurants, and use it later as a form of benefit in the same sectors.
IVAucher has two phases:
1st phase: between June 1 and August 31, 2021 – consumers can accumulate VAT paid on purchases made in the three mentioned sectors. To do so, consumers should simply request an invoice with their Tax Identification Number (NIF)
2nd phase: between October 1 and December 31, 2021 – consumers can benefit from the accumulated VAT in any of the three covered sectors, up to a limit of 50% per purchase.
Other news from Portugal
New document was uploaded: Digital Product Passport
Do you even know what DPP is? Digital Product Passports (DPP) are set to play a crucial role in the European Union’s commitment to a circular economy. The purpose of this document is to provide you with a necessary overview of the upcoming Digital Product Passport requirements set to be implemented by the European Union. Read more
New document was uploaded: S4F backoffice patch
S4F backoffice patch is intended for users who have already installed S4F backoffice and are intended to update existing installations to latest version. To do so apply only patches that are marked with version number that is newer than your currently installed instance of backoffice. Please make sure to install all available patches sequentially (without skipping). For each patch it is specified for which countries it is released for and with this information and with information from release notes user should prioritize the installation of the patch if S4F Backoffice is used in specified countries. Even though the patch may be prioritized for specified countries please make sure to install all patches sequentially, including the previous ones (if any) even if they are not related to used countries. This package contains instruction, release notes, changelog and software packages required for deployment of this software component. Read more
New document was uploaded: S4F backoffice installer
S4F backoffice installer is intended for users who are installing the software for the first time. Please make sure to obtain latest version of installer and to apply all subsequent patches that are released subsequently. This package contains instruction, release notes, changelog and software packages required for deployment of this software component. This version of the Backoffice installer supports the following countries: Austria, Bulgaria, Croatia, France, Italy, Poland, Portugal, Romania, Slovakia and Slovenia. Read more
New document was uploaded: S4F backoffice patch
S4F backoffice patch is intended for users who have already installed S4F backoffice and are intended to update existing installations to latest version. To do so apply only patches that are marked with version number that is newer than your currently installed instance of backoffice. Please make sure to install all available patches sequentially (without skipping). For each patch it is specified for which countries it is released for and with this information and with information from release notes user should prioritize the installation of the patch if S4F Backoffice is used in specified countries. Even though the patch may be prioritized for specified countries please make sure to install all patches sequentially, including the previous ones (if any) even if they are not related to used countries. This package contains instruction, release notes, changelog and software packages required for deployment of this software component. Please note that this patch contains changes for following country: Croatia. Read more
Fiscalization in Portugal: is there an obligation to communicate information relating to pro forma invoices?
Proforma invoices are verification documents and must be communicated to the AT-Tax authority. But, is there an obligation to communicate information relating to pro forma invoices? Read more
New document was uploaded: S4F backoffice patch
S4F backoffice patch is intended for users who have already installed S4F backoffice and are intended to update existing installations to latest version. To do so apply only patches that are marked with version number that is newer than your currently installed instance of backoffice. Please make sure to install all available patches sequentially (without skipping). For each patch it is specified for which countries it is released for and with this information and with information from release notes user should prioritize the installation of the patch if S4F Backoffice is used in specified countries. Even though the patch may be prioritized for specified countries please make sure to install all patches sequentially, including the previous ones (if any) even if they are not related to used countries. This package contains instruction, release notes, changelog and software packages required for deployment of this software component. Please note that this patch contains changes for following country: France Read more
New education was created: Educational videos for Portugal
This series of instructional videos provides an insight into the Portuguese fiscalization system. The system is based on special software requirements with various methods of sending data to the tax authority. Both the legal and technical aspects of the Portuguese fiscalization system are presented and divided into appropriate topics. Read more