NEWS | SDC

May 20, 2019

Vending machines – can they issue fiscal receipts? Why not.

One jurisdiction is currently preparing amendments to the fiscalization law with the desire to expand the list of taxpayers who must issue fiscal receipts. The inclusion of the owner of the vending machines on the VAT payer’s list that should be fiscalized has caused quite a lot of discussion through the media. The proposer of the law amendment in the reasoning of its offer states that the sale through vending machines is increasing from year to year, many of these machines are not registered and most owners of the machines are not declaring sales.

Opponents of the amendment suggest that no manufacturer of the vending machines supports fiscalization anywhere in the world because there is no technical possibility to upgrade the machine in such way to suite requirements. However the proposer remains on track with one concession to prolong deadline for implementation. The year 2021 is the year when all the vending machines will have to issue fiscal receipts and be connected to the tax administration server in Croatia.

April 3, 2019

Russia – online cash registers

Back in 2016 we have announced that there will be transition to the new fiscal cash register system in Russia by mid-2017. Nowadays Russia is entering the second year of this project with large numbers. The online cash register system includes:

2.400.000 fiscal cash registers,
1.000.000 taxpayers, and
120 million issued fiscal receipts per day.

These numbers will continue to increase. Fiscalization process is not completed. There are still several stages that will include new taxpayers who have not been included so far. The tax authority reports very good results of the fiscalization process which includes:

revenue per cash register is doubled,
number of involved taxpayers and cash registers has doubled, and
overall budget revenue has increased.

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.