NEWS | SDC

January 8, 2019

Slovakia: Virtual cash register – eKasa

Slovakia has been using fiscal cash registers for many years. The number of users (taxpayers) of fiscal cash registers in Slovakia today is 233 thousand. All data from the sale recorded by FCR is stored in its physical fiscal memory, the old fashion way, in the form of Z-report (daily report). This model with physical fiscal memory and hardware security is prone to manipulation and many jurisdictions utilizing such systems in the world today are searching for a more modern and secure solution.

A few years ago, in Slovakia, an amendment to the FCR Law called VRP was introduced for small taxpayers. These online cash registers (virtual) served by the Tax Administration can only be used by the taxpayer who issues a maximum of 1,000 invoices per month. This service is free.

November 2, 2018

United Kingdom: ESS investigation by HMRC

Since 2010 the government has secured and protected over £185 billion of tax that would otherwise have gone unpaid, and introduced over 100 measures to crack down further on avoidance, evasion, aggressive tax planning and unfair outcome

Budget 2018 has announced that the government will publish a call for evidence in relation to ESS. This means that HMRC are looking to update their methods of monitoring and taxing profits of businesses to ensure they keep pace with the evolving technologies taxpayers utilise.

September 22, 2018

Czech Republic: Elektronická evidence tržeb E-tržby

One year ago Czech Republic introduced a modern online fiscal system (EET). The first two groups of taxpayers have been introduced (fiscalized) according to the original MOF plan. Third group was on hold as some members of the Parliament collected enough votes to stop implementation, challenging Government for invading privacy of taxpayers. The case was taken to the high court and after proceedings, some minor changes to the technical specification, implementation continues.

September 14, 2018

Tax on Plastic bags – saves the planet

Fiji: Plastic bag levy

Leading ecologists have been alerting for years the large presence of plastic waste in nature, especially in seas and oceans. Plastic waste, which is non-degradable in addition to disturbing the image of our environment, seriously threatens living beings on our planet. The primary method for reducing plastic waste is in the recycling of plastics if possible. The second aspect of the fight against plastics is based on activities related to the reduction of its use.

Plastic bags make up a significant percentage of discarded plastics, in stores, plastic bags are used in huge amounts, especially because they are free. Many countries for a long time directly charge for plastic bags and the latest surveys in Europe show that the results of this measure are positive.

Fiji, as a small Pacific country endangered by plastic waste, has made a major step forward with its approach. A fixed tax on plastic bags in the amount of 20 Fiji cents per bag was introduced to the existing environmental tax law (Act No 20 Environmental Levy – 2015) in 2017 (Annex 29).

The money that this tax collects is aimed at just ecological fighting against plastic. Citizens and visitors of Fiji Islands every time paying this tax are reminiscent of the fact that the consumption of plastic bags should be rational. On the other hand, if they already must ask for the bag they are aware that they pay a special tax that will be used for ecological purposes.

June 18, 2018

POLAND: Fiscal memory goes online

The long-announced modernization of the fiscal cash register system in Poland will begin this year. It will include all existing “first generation” fiscal cash registers. Since there are many taxpayers, the replacement will be organized in stages and will last for few years. The final list and user specification has not been completed yet, it is certain that there will be new amendments even after the fiscalization begins. According to some comments due to the incompleteness of the law, there is a danger that same user has to replace the cash register twice. The main novelties on which the modernization is based are: e-receipts, online data transfer to the tax administration server, archiving of receipt data in digital form and unification of the protocol between cash register and the payment terminal.