VAT news tagged as "VAT cash accounting"


Portugal introduces VAT cash accounting

May 18th, 2013

From 1 October 2013, Portuguese small companies will be allowed to submit VAT returns on a cash-paid basis.  This will help improve their cash flow risks, and is common across much of the rest of the European Union. Businesses with a turnover below €500,000 per annum can pay their Portuguese Value Added Tax only when …