“TOur debt portfolio is around 22 billion euros, of which 6 billion are active and 8 billion are in litigation, “said the Secretary of State for Fiscal Affairs in a joint interview with Negosios and Antena 1.” This is a very large volume. “The size, – the governor admits, – but this is not much more debt portfolio than in recent years.”
The latest figures known are from 2019., the year in which the debt is enforced reached 21.1 billion euros, according to data contained in the conclusion of the Court of Auditors of the Conta Geral do Estado for that year, published in December 2020. AT bad debt increased by 27.1% in 2019, according to the same source. …
As of the end of 2019, tax arrears recognized by the Finance Department as uncollectible amounted to EUR 6,423 million, which is EUR 1,371 million more than in the previous year, and represents 30.4% of the total debt portfolio. Antonio Mend did not specify this number.Oncha Mendes, while the Secretary of State for Finance, highlighted the fact that even in the midst of the crisis caused by the pandemic, taxpayers are on time to comply with their plans to pay off their debts to the tax authorities.
As a reminder, last year, and precisely in the context of the pandemic, Finance moved forward with the creation of automatic installment plans, allowing taxpayers who stuck to obligations to pay off their debts without providing guarantees – for debts of up to five thousand euros for citizens and ten thousand euros for companies. …
This measure has now been replicated in the proposed State Budget for 2022 and Antonio Mendonça Mendez assesses it very positively: “These installment plans allowed the tax office to pay out 10 million euros a month. Payments that would probably not have been made otherwise, ”he concludes.
