DAILY COVID-19 – VAT from December 2020 can be paid in 3 or 6 installments

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In the context of the flexibilisation measures made available to companies, the possibility of joining, until 1 March, was communicated to a supply plan for the payment of VAT for December 2020 in 3 or 6 instalments, for companies with monthly VAT.

Access conditions:

  • application of the requirement to break billing is not required (at least 25% of billing in 2020 compared to 2019) is not required;
  • applies to companies with a turnover of up to EUR 50 million;
  • is applicable to accommodation, catering and similar activities, and culture;
  • applies to companies that have started or restarted the activity as of January 1, 2020 inclusive.

How can Moneris help?

Our Crisis Management team, in addition to the support of your usual Moneris manager, is available to analyze with you the measures in force, ensuring a holistic performance in the areas of taxation, labor, financial, technological and support and incentives, with the commitment to ensure the best solutions, adapted to the context of each sector and each company.

It remains essential to continuously evaluate the state of the art, plan and adapt the activity in the short and medium term, resort to extraordinary incentives and measures, adjust business plans, treasury plans, business plans and restructure the company’s strategy.

To learn more about these changes and to apply for these supports, please contact us: gestaodecrise@moneris.pt.

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