Taxpayers have until June 30 to amend their income tax return, which can be submitted on the Portal das Finanças until that date. DECO PROTeste highlights its platform designed to assist taxpayers in determining if there is still potential to optimize their tax return.
“Even taxpayers who have already submitted and paid taxes have until June 30 to amend their return. This year, DECO PROTeste launched a platform to help taxpayers simulate, submit, and also amend their returns in an optimized manner: the IRS Simples,” stated a press release.
The platform in question—available at irssimples.pt—can be “utilized by all taxpayers.”
Moreover, it is “online and free,” and it “automatically compares all possible scenarios, such as whether it is worthwhile to combine incomes or if filing individually or jointly is more beneficial, considering significant changes in withholding tables, recent deduction adjustments, and the IRS Jovem rules.”
The declaration of 2024 incomes must be submitted between April 1 and June 30, 2025, which means there is less than a week left to do so.
“It is possible that not everyone is aware that until June 30, taxpayers can reconsider and amend their declaration. They can do so via irssimples.pt. The fiscal simulator provided by DECO PROTeste can assist taxpayers by simulating the impact of different options, such as income combining or filing individually or jointly, taking into account changes in withholding tables, recent deductions, IRS Jovem, or even the existence of fiscally relevant disabilities,” stated Soraia Leite, spokesperson for DECO PROTeste, in a press release.
This platform was first launched in February, followed by the release of the IRS simulator, which “helps optimize the IRS declaration and maximize potential refunds or minimize payments.”
According to the same release, “with the simulator, taxpayers can import data directly from the Portal das Finanças, shortening the completion process, or enter it directly, simulate, and then compare all possible scenarios, determine the most favorable one, and either submit directly or generate the XML file for submission or replacement of the submitted declaration on the Portal das Finanças.”
Additionally, it is essential to note that the IRS Simples platform “also offers a telephone support line, the informative e-book ‘IRS Sem Complicações,’ and a fiscal calendar with SMS alerts before deadlines such as the IUC and IMI—the first installment of which must also be paid by June 30 this year—along with the most relevant IRS submission dates.”
