This is one of the measures in the tax simplification package, which has been approved by the Council of Ministers. As explained by the Minister of Finance, Joaquim Miranda Sarmento, taxpayers will not only have more information but will also receive alerts to avoid errors when filling out Model 3.

“We will improve support for taxpayers in filling out their Income Tax return. More information, simpler information, and alerts prevent mistakes from being made when filling out the declaration. Taxpayers can submit their tax return more easily, encouraging trust between the parties, that is, between the Federal Revenue Service and taxpayers,” said the official, in a press conference.

On the other hand, the Government will proceed with the “harmonisation of deadlines for fulfilling reporting obligations”, many of which relate to IRS.

Taxpayers have until February 17 to notify the Tax Authorities of changes in their domicile, until February 25 to validate their tax invoices, and until March 31 to consult the amounts determined for expenses incurred in health and education services and housing expenses (rent and interest) and nursing homes.

“We will harmonise so that most of them will be in the month of February,” highlighted the minister, who indicated that this harmonisation will come into effect next year (that is, with reference to this year’s income).

When asked about potential changes to the Automatic Income Tax, a feature that allows taxpayers to submit their annual declaration in just a few clicks, Miranda Sarmento highlighted that the government's intention is for the Income Tax to have “more and more pre-filled fields”, including, then, for the taxpayer to validate the information.

The tax simplification package is made up of 30 measures, distributed across three vectors: reducing context costs, increasing transparency and understanding of tax obligations, and improving the quality of services provided.

At the press conference, the Minister of Economy, Pedro Reis, highlighted that these are measures that affect many companies and many taxpayers.

The Finance Minister noted that the cost of implementing this package would be “very low”, given the financial and economic savings it will generate for the State, companies and taxpayers.