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Covid-19: Ability to postpone VAT payments related to the last month or quarter of 2020

New rules:

  • For the monthly regime, VAT can be paid in three or six instalments interest-free. This is applicable for SME’s, companies involved in in cultural, accommodation, restaurant or similar activities or businesses who started their activities after January 1, 2020
  • For the quarterly regime, VAT can be paid in three or six instalments interest-free.

Source Portal das Financas

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