The Government extended, for all taxpayers subject to IRC whose tax period coincides with the calendar year, the deadline for submission of the Model 22 return and the corresponding tax payment, to 19 June 2026. This extension applies to all companies, regardless of whether they are headquartered in an area directly affected by the storms. Companies may submit the return via the Tax Authority portal without any surcharges or penalties up to that date.

🔗 Official publication: https://info.portaldasfinancas.gov.pt/pt/informacao_fiscal/legislacao/Despachos_SEAF/Documents/Despacho-SEAF-68-2026-XXV.pdf

The Tax and Customs Authority (AT) issued new administrative instructions on the VAT refund regime established by Decree-Law No. 84/2017, of 21 July, clarifying its application in light of legislative changes introduced by the 2024 State Budget. The document consolidates the categories of eligible entities, the eligible goods and services, and the applicable refund limits for each case.

🔗 Official publication: https://info.portaldasfinancas.gov.pt/pt/informacao_fiscal/legislacao/instrucoes_administrativas/Documents/Oficio-circulado-25111-2026.pdf

Although published in April, this law takes on particular relevance for businesses in the months ahead, which is why we highlight it in this edition. Law No. 13/2026 authorises the Government to amend the Tax Investment Code, with a view to reviewing and extending the SIFIDE II regime (the System of Tax Incentives for Business Research and Development), one of the most significant IRC tax benefit instruments for the business sector.

🔗 Official publication: https://diariodarepublica.pt/dr/detalhe/lei/13-2026-1086140529