Auto ivaucher

auto ivaucher

What is ivaucher’s VAT reimbursement scheme?

IVAucher allowed a balance to be accumulated for each individual of all IVA (VAT) paid in restaurants, hotels and on cultural events. This balance could then be reimbursed through a payment direct to your account of up to 50% of the full amount spent in similar locations between October and December last year.

What is the ivaucher platform?

It was built upon the IVAucher platform which was originally designed to attract business back to restaurants and hotels and cultural venues last summe r. IVAucher allowed a balance to be accumulated for each individual of all IVA (VAT) paid in restaurants, hotels and on cultural events.

What is autovoucher?

AUTOvoucher was introduced in November last year to reimburse fuel consumption at petrol stations. The financial support is provided by payment of 10 cents per litre up to a maximum of 50 litres per month. 50 litres would be approximately a tank of petrol per user per month.

What is the “ivaucher” measure?

The Portuguese government has introduced this year an extraordinary measure to support the economy, provided for in the Regulatory Decree No. 2-A/2021, of May 28. This measure, called IVAucher, aims to support the sectors of the economy that suffered most from the pandemic caused by COVID-19, namely culture, restoration and accommodation.

How to accumulate VAT on invoices?

During the months of June, July and August, the consumers will be able to accumulate the VAT paid on purchases made, simply by asking the adhering merchants that the issue of invoices be accompanied by the NIF; In September, the accumulated VAT will be calculated by the Tax Authority by checking the invoices reported;

What is IVAucher? It is a government-created incentive system aimed at some of the sectors most affected by the pandemic, to stimulate consumption. Giving up part of the tax collected allows it to come back to the economy in the form of new spending.

What are the phases of the ivaucher programme?

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