The law regarding tax charges and refunds now means that the tax administration will not issue a bill for amounts less than €25, or make a tax refund of less than €10.
At a time when several thousand private taxpayers are waiting for their IRS refund, the Tax and Customs Authority (AT) have published a statement in which it explains the minimum collection and refund amounts for different taxes, because the values are not all the same.
Regarding charges, and apart from the IRS, taxpayers will not be sked to pay any amount when it is less than 25 euros, related to IRC and VAT.
There is also a set of taxes that cannot be charged when the value in question is less than 10 euros. They are IMI, Stamp Duty, IUC and IMT (except in the case of additional settlement, in which case the minimum value increases to 25 euros).
In terms of IEC, the limit up to which there is no charge is also 10 euros, as well as, according to AT, in the case of non-commercial drinks in which the limit of 30 litres of finished product per year is not exceeded and per producer.
The limits for issuing and sending a refund to the taxpayer are set at 10 euros, in the case of IRS and IMT, and 30 euros in the case of ISV, which means that if the amount to be returned is lower than these amounts , the 'cheque' is not issued.
Source https://www.lusa.pt/
