ATCUD and QR code: the mandatory codes on your invoices
That odd code and the QR square on the invoice aren't decoration - they're the ATCUD and QR code, required by law. What they are, since when, and what to do.
Everything you need to know about invoicing, VAT and Social Security in Portugal.
A foreign client wants to pay in dollars? You can invoice in a foreign currency - but the value counts in euros, and VAT always goes in euros.
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That odd code and the QR square on the invoice aren't decoration - they're the ATCUD and QR code, required by law. What they are, since when, and what to do.
Do you have to buy an invoicing program? Not always - the Portal das Finanças is the AT's free application. When certified software is mandatory.
Charging €20/hour and think it's good? After taxes, costs and unbilled hours, you keep far less. The formula to set the right price - everything included.
€1,000 invoiced isn't €1,000 in your pocket. See the bites - VAT, withholding, Social Security and income tax - and how much you actually keep.
The advance payment (pagamento por conta) is category B IRS paid upfront in 3 instalments: what it is, who pays, how it is calculated and how to reduce it.
Selling courses, digital products or goods to consumers in the EU? Above €10,000/year you charge the client country's VAT - the OSS does it in one return.
Invoicing services to EU businesses with no IVA (reverse charge)? You must also file the recapitulative statement. What it is, who files it, the deadlines.
Handing the IVA to the state before your client pays? The cash accounting regime flips it: you pay only when you get paid. How it works and who opts in.