2022 State Budget Proposal – key measures for VAT registers in Portugal

The State Budget proposal for 2022 is back, presented by the new PT Government.

There are 3 key measures presented by the PT Government in the 2022 State Budget Proposal with special impact for non-resident entities with VAT register in Portugal:

1. Mandatory communication of invoices by SAF-T (PT) on a monthly basis.
2. Extension of deadlines to submit returns and pay PT VAT.
3. New food products with reduced VAT rate.

You can find more about the measures below:

State Budget_OE 2022_VAT key takeaways

State Budget will be discussed in National Parliament and voted at the end of May.

Approved measures enter into force 01.06.2022.