Portugal VAT
June 08, 2024
Portugal: Direct Debit for VAT Simplified
Applicable from May 31, 2024
The Portuguese Tax and Customs Authority (AT) has simplified the process of direct debit for the payment of VAT following the submission of the periodic return.
The changes apply to returns submitted by the deadline after May 31, 2024.
With this change, the payment of the amount calculated in "field 93" of the declaration will be automated, as long as it is submitted within the deadline.
In the event of submission of one or more replacement declarations, the amount considered for this collection will be the amount calculated in the last declaration submitted within the legal deadline.
In the event that taxpayer is in a tax credit situation and want to carry it forward to the next period, it is sufficient to indicate the intention to use it in the periodic return, so that direct debit process during that period is not applied.
It is possible to opt out of paying by direct debit if you want to make the payment through flexible payments.
Source: Portuguese Tax Authorities information
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