The first month of the IVAucher program, in June, saw a "significant increase" in invoices and respective VAT in the accommodation, culture and restaurant sectors, which approached pre-pandemic levels, announced this Monday, 30 August, the Finance Ministry.
Data from the first phase of the program, which ends on Tuesday and gives consumers the right to a full refund of the VAT incurred, by issuing an invoice with a tax number, point to numbers "close to the homologous pre-pandemic period" of covid -19, refers in a statement the Ministry led by João Leão.
The increase was registered "although during the month of June some restrictive measures were in force for the functioning of establishments" in the aforementioned sectors "and of people in some parts of the country", the Ministry said, without specifying the values in question.
This is, according to the Ministry of Finance, a trend that is expected to "accentuate in the months of July and August", whose data will only be known in the coming weeks.
«With the entry into force, for the first time this year, of the tax holidays during the month of August, the obligation to communicate invoices for the month of July" by traders «was transferred to August 31 [Tuesday] », when it normally ends on the 12th of the month following the respective consumption, justifies the statement.
The first phase of the IVAucher program started on the 1st of June this year and ends this Tuesday.
During this period, all consumptions carried out in the accommodation, culture and catering sectors, in which an invoice with a taxpayer number was requested, entitles to full refund, between October and December, of the VAT borne by consumers.
The month of September will be the final clearance of VATucher balances accumulated by consumers, "which will be communicated by the 30th", stresses the ministry.
João Leão's office also adds that, "with the aim of making the use of the IVAucher balance more universal" and facilitating the adhesion of merchants to the program, a solution was developed to integrate the banking institutions operating in Portugal into the operating entity ( SaltPay) of program returns.
The solution "allows merchants who are part of the IVAucher program to maintain their usual electronic payment methods", with the IVAucher balance refunded "directly by the banking institutions to the consumer's bank account".
However, merchants still have the option of making IVAucher discounts available to customers through the program's operating network, namely the automatic payment terminals, the IVAucher application and the invoicing software.
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