Keeping an invoice no longer necessarily means filing away a piece of paper. The digitalisation of the Portuguese tax system makes it possible to monitor many of the expenses reported through e-Fatura and check whether they have been correctly associated with the taxpayer and the appropriate category.
The e-Fatura app makes this process more accessible via a mobile phone. Among the available features is the ability to consult invoices associated with a NIF and validate and classify them whenever necessary. The system also includes categories of expenditure related, among others, to book retailing, artistic and literary activities, museums and historical monuments.
Another particularly useful feature is the ability to scan the QR code on invoices. This makes it easier to report certain expenses, including situations where the consumer’s NIF was not originally included on the invoice.
Rather than checking the app only when it is time to submit an IRS return, it is worth getting into the habit of reviewing expenses regularly. A few minutes throughout the year can avoid a much larger task when the time comes to confirm tax deductions.
Conclusion
The digital transformation of taxation is also providing taxpayers with new tools to monitor their tax affairs. Using e-Fatura regularly can help identify errors in good time and ensure that potential tax benefits are not overlooked.
How can Nominaurea help?
Nominaurea can support individuals, entrepreneurs and companies in analysing their tax obligations, ensuring the correct classification of expenses and preparing and reviewing their respective tax returns.
