Portugal: Deadlines for communication of inventories, SAF-T accounting and use of invoices issued in PDF have again been extended

Portugal - 29 / 12 / 2023

The State Budget for 2024 introduces a new flexibility of the tax calendar with regard to the fulfilment of certain tax obligations.

The Government approved, through Law no. 82/2023, of December 29 (“State Budget for 2024”), a new flexibility of the tax calendar concerning the compliance in 2024 of certain tax obligations on invoicing and additional tax simplification measures, in particular regarding the following:

Communication of inventories: all taxpayers are exempt from the obligation to value inventories for the tax period beginning on or after 1 January 2023, as well as taxpayers who are not required to keep a permanent inventory for the tax period beginning on or after 1 January 2024.
SAF-T accounting: the submission of the annual return (IES/DA), through the prior submission of the SAF-T file, is postponed to periods from 2025 and onwards, i.e., which submission as from 2026.
PDF invoices: the extraordinary acceptance of PDF invoices as electronic invoices for all tax purposes is again extended, now until December 31, 2023. It is recalled that similar postponements were approved in the previous year, and the last extension was approved under Dispatch no. 8/2022-XXIII, of December 13, from SEAF, effective until 31/12/2023 (see here).