19 March 2020 – Government presents economic measures for the second quarter of 2020

This item is sourced from the CCCSL: CSH Covid-19 Control Strategies List co-ordinated by the Complexity Science Hub Vienna, Austria. We are in the process of gathering further information and aligning taxonomies for these items.

Intervention Categories: Finance policy and financial aid; Fiscal policy; Legal and policy; Regulatory change
Level of Jurisdiction: National

Overview: As a whole, the lines leverage credit for companies in the amount of 3000 million euros»: Catering and similar – 600 million euros, of which 270 million for micro and small companies. Textile, clothing, footwear, mining and timber industries – 1300 million euros, of which 400 for micro and small companies. Mário Centeno announced that “in terms of tax and social contributions, payment will be made more flexible in the 2nd quarter of 2020”. «The Government decided, on March 9, to extend the payment of tax, declarative and payment obligations related to IRC, having decided to postpone the payment on account from March 31 to June 30, the extension of the delivery of the Model 22 to 31 July, and the extension of the first on account and the first additional payment on account from July 31 to August 31 », he recalled
Full details here: https://www.portugal.gov.pt/pt/gc22/comunicacao/noticia?i=governo-apresenta-medidas-economicas-para-o-segundo-trimestre-de-2020