Companies in Simples Nacional will benefit from payment suspension [COVID-19]

The Simples Nacional Management Committee, sensitive to the changes that have taken place in recent weeks, has changed the due dates for Federal Taxes for taxpayers opting for Simples Nacional.

The changes were made by CGSN Resolution no. 152/2020 and are as follows:

I – the March 2020 Assessment Period, originally due on April 20, 2020, is now due on October 20, 2020;

II – the April 2020 Calculation Period, originally due on May 20, 2020, is now due on November 20, 2020; and

III – the May 2020 Calculation Period, originally due on June 22, 2020, is now due on December 21, 2020.

The aim of this measure is to guarantee the maintenance of business activity.

Although the suspension of payments is beneficial to Simples Nacional companies, it is important to pay close attention to the company’s financial planning so that payments are resumed on the correct dates, not least because one of the requirements for renewing Simples Nacional for 2021 will be fiscal regularity for 2020.

Marcos Martins Advogados makes its tax team available for further clarification on the subject.

Created on: March 20, 2020
By: Dr. Angelo Ambrizzi
Lead Tax Lawyer

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