With the start of a new year, Portuguese taxpayers face the need to validate invoices registered on the e-Fatura platform. This procedure is essential to ensure that all expenses incurred throughout the year are correctly associated with the categories of deductions provided for in the Income Tax declaration.
How the process works
The e-Fatura system automatically registers invoices issued with the taxpayer’s Individual Taxpayer Registry (CPF), but it is the user’s responsibility to confirm that they are properly classified. Validation consists of checking and, if necessary, correcting the category assigned to each expense, according to .
Available categories include health, education, housing, homes, general family expenses and VAT deductions. «Validating invoices in a timely manner is crucial to ensure that all expenses are correctly reflected in the tax calculation», highlights a tax expert.
Deadlines and implications
The deadline for validating invoices usually ends on February 25th, but it is recommended that taxpayers do not wait until the last minute, avoiding embarrassment due to possible problems on the platform.
If the invoices are not validated, the expenses will not be considered for IRS deductions, which may result in a higher amount of tax payable or a smaller refund. It is also important to check that all invoices are registered, considering that some may not be automatically included in the system.
How to access and validate
To access e-Fatura, taxpayers must use their Finance Portal credentials. Once on the platform, they can consult the registered invoices and validate the categories. If an invoice is not classified correctly, the taxpayer can select the correct category with a simple click.
Tips to make the process easier
Keeping a regular record of expenses throughout the year is a good practice to simplify validation. Furthermore, it is recommended that taxpayers periodically review the accounts in the system, rather than accumulating them all towards the end of the term.
Reflections on the Process
Validating invoices using e-Fatura is a simple procedure, but has a huge impact on the IRPF calculation. By ensuring all expenses are classified correctly, taxpayers can maximize their deductions and avoid unpleasant surprises at tax time.
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