Spain cuts VAT

On December 27, 2022, the Spanish government announced a new package of inflation-relief measures which will reduce, and even remove, VAT on many essential food items. The reduced rates are going to be in place from January 1 until June 30, 2023.

The VAT cuts are introduced for the following items:

  • Basic food (such as milk, bread, fruits and vegetables, eggs, cheese, etc.) – rate is reduced from 4% to 0%
  • Oil and pasta – rate is reduced from 10% to 5%
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Finland: warning signals taxi driver’s control by Vero Skatt

This September, the Tax Administration of Finland (Vero Skatt) carried out an action to check compliance of taxi drivers in the context of tax obligations (fiscalization). The action included 850 taxpayers and the potential loss (non-recording cash payment, unaccounted revenue, undeclared pay) was uncovered in the amount of 16 million euros. This is a large amount for this sector of taxpayers and for a relatively short period and relatively small sample.

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Fiscalization in Montenegro switched to analog due to cyber hack

End of August 2022, the websites of the Montenegrin Government’s ministries, revenue and customs were compromised by an unknown hacker(s). No official announcement was made of the damage caused by this act, including data loss, as the team of forensics is still conducting an investigation.

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Fiscalization No.2 in Serbia

On May 1 this year, Serbia replaced the two-decade-old fiscalization system. This old system was based on fiscal memory and paper journal. Serbia was the first to introduce an advanced solution in 2004 that was able to transfer data from the fiscal memory to the tax administration server via a GPRS modem.

The new, modern, fiscalization system was implemented in a short period of 6 months. About 240,000 sales locations have been fiscalized so far.

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Fiscalization must not be a political issue

At the July session, the Czech Parliament voted to STOP fiscalization (EET-Electronic records of sale) in the Czech Republic from January 2023. From the beginning, this project has been marked by a political struggle with great resistance from the opposition parties, which today form the majority in the parliament.

EET started to apply on 1 December 2016 for restaurants and accommodation facilities.

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