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A The Tax Authority (TA) will automate the delivery process of the VAT return, similar to what is already happening with the IRS. Like this the Treasury will begin to make available a pre-filled declarationwhich will then be validated by the taxpayer before being submitted.
"[Esta proposta] represents a further step towards the simplification in which we intend to transform the relationship of taxpayers with TA. As with the IRS, AT will use all available information for each taxpayer in order to pre-fill his VAT return and thus allow taxpayers to save time and effort to check their bills."said Finance Minister Mário Centeno in Braga on Monday, according to statements by RTP3.
According to explained the Secretary of State for Tax Affairs, António Mendonça Mendes, for the moment, the pre-completion of the declaration available for those who meet the following conditions: Normal quarterly delivery schedule, without organized bookkeeping and issuing invoices in the finance portal during the reporting period.
The government anticipates that automatic VAT may come into force during the next year.
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