Government extends until June 30 deadline for delivery of model 22 – The Economic Journal


The Government extended the deadline for the delivery of the IRC's Model 22 declaration for fiscal year 2018. According to an order of May 21, signed by the Secretary of State for Fiscal Affairs (SEAF), the tax obligation "regarding delivery of the IRC periodic income tax return for the 2018 tax period can be met until June 30, 2018, without penalties. "

According to the order of António Mendonça Mendes, the proposal to extend the deadline was from the Tax and Customs Authority (TA) aims to "assure taxpayers the possibility of fulfilling their tax obligations within a reasonable time."

In practice, this means companies will have another 30 days to prepare for delivery by the legal deadline of May 31. The extension of the term had already been proposed by the canon of the Order of Certified Accountants (OCC) and was eventually accepted by the guardianship.

Every year, accountants ask for extensions of deadline for model 22 due to the fact that the Treasury is late in making the forms available.

Last year, the proposal to extend the deadline was based on TA, since Model 22 forms were only available on 30 April, which complicated the work of the accountants at a time when the IRS term expired in 2018, on May 31, coinciding with the legal deadline set for the IRC statement.

In the order, SEAF notes that "legislative changes have been introduced to optimize the deadlines for tax returns, enhancing timely voluntary compliance," adding that this year the digital form for Model 22 was made available with 90 days of advance. That is, from March 31.

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It is recalled that under that legislation, the Finances sought to simplify the completion of Annexes A and I of this declaration, concerning the accounting elements of companies. This is an objective to be achieved by pre-filling those annexes with data extracted from the standardized tax audit file known as SAF-T (PT) (Standard Audit File for Tax Purposes) relating to accounting, by deleting tables and fields from the previous forms in cases where the information can be obtained through this file, facilitating not only the submission of the declaration by the taxable persons required to deliver it but also access to the accounting records of the companies of the entities to whom the information must be legally provided.

At the time the Government had already signaled that these measures of simplification of the HEI were the subject of a phased implementation. As a first step, the delivery of the HEI with the previous submission of the SAF-T (PT) file on accounting became possible from November 2018 on the second half of 2018 by taxpayers obliged to deliver it period, if the declaration relates to the same financial year.

In a second step, the simplification measures for HEI should be reflected in the 2018 declaration, to be delivered in 2019. In both situations, according to the Executive, the pre-fulfillment of Annexes A and I is ensured through data extracted from said SAF-T (PT) file.

In a third step, the simplification measures of the HEI will also be extended to other annexes of the declaration.



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