VAT – Flexibility of payments
Order 317/2022-XXIII, as well as Order 318/2022-XXIII, also of the Secretary of State for Tax Affairs, dated 15 November 2022, establish that taxable persons falling under the category of cooperatives, micro, small, medium or small-medium companies can benefit from the flexibility of payment of VAT in 3 or 6 monthly installments, amounting to EUR 25 or higher, under Decree-Law 125/2021, of 30 December 30, with the necessary adjustments. This applies to the VAT returns to be filed in the months of November and December 2022.
Source PwC
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