Transactional data report postponed one year to 2024; first filing due in 2025 to cover 2024
Portugal’s Autoridade Tributária e Aduaneira (AT) is to make compulsory the production of a Portuguese Standard Audit File for Tax (SAF-T) Accounting file added to the existing Invoice SAF-T PT requirements. This will come into effect from 1 January 2024 for resident businesses – one year later than planned. The Accounting file is a summary customers, suppliers and other counter-parties for VAT transactions and is currently only required on-demand.
It is separate from the SAF-T Billing schedule which becomes due in 2023 for non-residents.
Portugal first introduced monthly invoice and transport document SAF-T. Check which other countries have implemented SAF-T. The SAF-T Accounting file is used to help pre-fill IES annual accounting and tax return.
From 2023 non-resident Portugal SAF-T requirements change.
Portugal SAFT-PT accounting file
The file should consist of the following information:
- Accounting codes from the General Ledger
- Customer details
- Suppliers details
- Tax header
- Payment transactions
- General Ledger transactions
Annual Simplified Business Information in Portugal (IES) – pre-filled returns
Portuguese resident taxpayers must submit four different sets of financial data to the authorities each year. These were combined into the IES. The use of SAF-T PT will enable the authorities to pre-fill the IES for review by the taxpayer. The IES covers:
- Filing of annual accounts in the Business Register;
- Submission of annual fiscal declaration to Ministry of Finances and Public Administration;
- Reporting of annual information to National Statistics Institute for statistical purposes; and
- Providing information to Portuguese Central Bank.
If you need to complete SAF-T or other transactional reporting requirements, VAT Calc’s VAT Filer can correctly complete any country filings with verified VAT or GST transactional data from our VAT Calculator or VAT Auditor tools.
Standard Audit File for Tax SAF-T countries
|Country (click for details)||Date||Scope|
|14||Ukraine||Jan 2025||Phased 2025 to 2027 implementation|
|13||Bulgaria||Jan 2025||Phased introduction over two years|
|12||Denmark||2024?||Phased implementation from 2024|
|11||Romania||Jan 2022||Mandatory monthly filings initially large taxpayers (due Jan 2023)|
|10||Hungary||2024||eVAT digital ledgers|
|9||EU OSS & IOSS||Jul 2021||On-demand for sellers, marketplaces or Intermediaries|
|8||Norway||2020||Replaced VAT return 2022|
|6||Lithuania||2019||On-demand; residents and non-residents above €30,000 sales threshold|
|5||Poland||2016||Mandatory, monthly replaced VAT return Oct 2020|
|1||Portugal||2009||Monthly for residents and non-residents (Jun 2022)|