Companies will have more time to pay VAT and comply with periodic tax obligations. The tax calendar has been adjusted by Order of the Secretary of State for Tax Affairs. Extending the deadline for accepting invoices in PDF and suspending the communication of series are some of the new features presented in the document already published.
Once again, considering the effects of the COVID-19 pandemic on economic activity, particularly in terms of the conditions for compliance with tax obligations by citizens and companies, the Government has successively, through several diplomas and dispatches, made the tax calendar and voluntary compliance with tax obligations more flexible within the framework of the principle of mutual collaboration between the Tax Administration and citizens and companies.
Besides this, without prejudice to occasional adjustments that may be considered appropriate, that the adaptation of the tax calendar be made in the longest possible period of time, conferring predictability for citizens and businesses, as well as the conditions for the timely adaptation of the information systems of the Tax and Customs Authority.
In this framework, the tax calendar 2021/2022 is adjusted, so it has been determined, without any additions or penalties, that:
• Non certification or out of time certification by the certified accountant of the limitation to payments on account for 2020 that has been subject to fines will be decriminalized (under terms to be defined);
• Series reporting is suspended in 2022. In 2022, the obligation to put the ATCUD on invoices and other tax-relevant documents is merely optional;
• The obligation to submit the model 10 declaration can be fulfilled until February 25, 2022;
• Reporting of valued inventories will only be mandatory in 2023;
• The reporting of the inventories for 2021 shall be made on the same basis as for the inventories for 2020;
• Until 30 June 2022, PDF invoices must be accepted, which are considered electronic invoices for tax purposes.
Also the VAT tax calendar is changed and set as follows:
• The delivery date of periodic declarations in November and December 2021 remains unchanged and can be made until 22 November and 20 December 2021, respectively.
• The payment of VAT on these periodic declarations, filed until November 22 and December 20, 2021, can be made until November 30 and December 30, 2021, respectively.
So:
• The periodic declaration for September 2021 is filed until November 22, 2021 and the respective VAT can be paid until November 30, 2021 (previously to the Order, the payment deadline was November 25);
• The periodic declaration for October 2021 is filed until 20 December 2021 and the respective VAT can be paid until 30 December 2021 (previously to the Order, the payment deadline was until 27 December);
• The periodic declaration for the 3rd quarter of 2021 is filed until November 22, 2021 and the respective VAT can be paid until November 30, 2021 (previously to the Order, the payment deadline was November 25).
• Periodic monthly VAT returns for the months of January to June 2022 can be submitted until the 20th of each of those months;
• Periodic quarterly VAT returns for the months of February and May 2022 can be submitted until the 20th of each of those months;
• The VAT returns for the monthly or quarterly VAT returns mentioned above can be submitted until the 25th day of each of those months.
Dispatch nº 351/2021 - XXII, of Mr. António Mendonça Mendes, Deputy Secretary of State and Tax Affairs