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Portugal live VAT invoice reporting 2019

  • Sep 3, 2018 | Richard Asquith

Portugal live VAT invoice reporting 2019

Portugal is to take the first step towards live VAT invoice reporting from 1 January 2019.

From this date, all B2G (business to government bodies) supplies must be performed with an electronic invoice which will be submitted directly to the tax authorities. This will operate through the existing public finance portal, Fatura Eletrónica na Administração Pública (FE-AP). This allows for direct reporting from supplier ERPs, and automated validation of invoices to central, regional other public authorities. This is similar to the Italian SdI process.

Live invoice requirements will include details of:

  • Date of invoice
  • Supplier details and VAT identification
  • Government contractor details
  • Contract and delivery term details
  • Payment instructions
  • Details of goods or services supplied
  • Net, VAT and gross value of the invoice

B2G live reporting sets path to full real-time submissions

Requiring B2G real-time invoice reporting is a common first step – see Italy SdI - towards requiring all B2B transactions to be similarly reported at the time of issuance. In the longer term, it is likely to lead to the withdrawal of the periodic VAT return.

Governments are eager to adopt live invoice reporting to help reduce the incidence of VAT fraud, which is estimated to cost the EU €50 billion per annum.

Need help with your Portuguese VAT compliance?

Researching Portuguese VAT legislation is the first step to understanding your VAT compliance needs. Avalara has a range of solutions that can help your business depending on where and how you trade. 

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VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax Richard Asquith
Richard Asquith is VP Global Indirect Tax at Avalara, helping businesses understand their compliance obligations as they grow globally. He is part of the European leadership team which won International Tax Review's 2020 Tax Technology Firm of the Year. Richard trained as an accountant with KPMG in the UK, and went on to work in Hungary, Russia and France with EY.