We are fast approaching the end of the year, a time when there are some specific concerns of the tax jurisdiction. Although the focus is on obtaining the best results, companies should not neglect the tax compliance of all obligations, in the certainty that the advantages are clear and at different levels. We speak, for example, of avoid fines and delays🇧🇷 On the other hand, good practices also contribute to reducing the so-called “tax evasion”. In this article, we reinforce the importance of fulfilling your company’s tax obligations and also gather the main tax changes for 2023.Also read: State Budget: What do companies gain and lose?
The importance of technologies in tax compliance
In reality, the evolution of technologies and the legal framework is posing new challenges for the taxation, mainly for those who make the laws, specialists in the area and also for companies and their businesses. In this sense, it is up to companies take advantage of the good that technologies bring and put them at the service of taxation. But how? Promoting innovation and streamlining the entire bureaucratic process, as a general rule, inherent in this area. But, for that, it is necessary to give a timely answer regarding tax obligations. technologies have also brought more and more complete management programs and prepared to respond quickly, effectively and rigorously to legal and TA requirements. Thus, with this support, companies benefit from intelligent audits, increased revenue, process automation, combating fraud and tax evasion.
Tax compliance: main changes planned for 2023
Apart from the approval of the SB2023 and the resulting measures, there are tax changes for the new year which are of the utmost importance to know.
Communication of document series to AT and ATCUD printed on invoices
The QR Code is already part of the most important tax documents. But as of January 1, 2023, this will also include ACTUD. Also read: Does your company have debts to Finance? Find out how to fix them
Introduction of electronic invoicing now also with qualified digital signature
PDF invoices will only be accepted as an electronic invoice until December 31, 2022🇧🇷 After this date, invoices sent electronically are only valid and accepted if they have a qualified digital signature🇧🇷 This measure applies to:companies;final consumers;as well as invoicing to public entities.
Communication of inventories with the respective valuation of stocks
As of next year, it will also be mandatory to communicate valued inventories for 2022. That is, only with the valuation of the stocks in inventory will the submission to AT be ready🇧🇷
Communication of document elements
With a view to tax compliance, as of January 1, 2023, AT will have new services for the communication of:Invoicing documents;Customer advances;Work documents;Document status: ‘Normal’; ‘Invoiced’ and ‘Voided’Finally, cash VAT receipts.
Changing the current reasons for exemption or non-assessment of VAT
AT standardized the reasons for VAT exemption. In this sense, there are new exemption reason codes such as, for example, one goods on consignment (M25)🇧🇷
Communication to Social Security of active employee data
By December 31, 2022, all companies must update and register the data of contracts in force already communicated to Social Security.Also read: Companies: What types of credit exist for financing?
A professional writer by day, a tech-nerd by night, with a love for all things money.