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Small Retailers Exempt from Annual VAT Declaration Under New Simplification Agenda by Government

As part of the government’s Tax Simplification Agenda, small retailers in Portugal are no longer required to submit the annual VAT return. Instead, the tax will be calculated based on a provisional declaration from the Tax and Customs Authority (AT), which retailers will need to verify and complete on the e-fatura portal.

Source: jornaldenegocios.pt

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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