Automatic IRS will be available to taxpayers applying for pension certificates through the Regime of Public Capitalization (RPC) this year, the Ministry of Finance told Luse.
This extension is included in a regulatory decree approved last week by the Council of Ministers, which establishes the circle of taxpayers who are subject to automatic income declaration.
In response to questions from Lusa, an official source from the Ministry of Finance, he clarified that the new regulatory decree “includes taxpayers who invest in individual accounts managed under the state capitalization regime.”
Thus, those who have investments in State Pension Certificates (also called State PPRs) are now subject to automatic IRS filing, as have been the case since 2019 for those with Pension Savings Plans (PPRs).
Automatic declaration of income is provided for by law, this is the SIMPLEX+ measure, and since 2017 the circle of taxpayers to whom this automation applies has been determined.
According to the same official source, as part of the 2022 IRS campaign (which was implemented in 2023), approximately 1.7 million annual tax returns were filed under automatic filing.
Automation, he notes, has made it easier for the 30% of taxpayers who filed a 2022 IRS return to meet this obligation.
Since the creation of the automatic IRS, the scope of taxpayers (family profiles and income types) has expanded. In its first year, it targeted taxpayers without dependents who only had income under categories A (employment) and H (pensions, excluding food pensions) received in Portugal.
A year later, it was extended to families with children who received tax breaks as a result of donations transferred to the Tax and Customs Authority (AT).
Subsequently, automatic declaration became available to those who have investments in PPR, and later reached taxpayers with category B income, who are subject to a simplified regime and issue “exclusively on the Financial Portal the relevant invoices, invoices and receipts”, with the exception of the provision of services under code 1519 (“other service providers”).
Author: Lusa
Source: CM Jornal
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