The first results, since the introduction of fiscal cash registers or certified cash registers, are officially announced on the portal of Ministry of Finance of the Republic of Slovenia.
Presented results are based on the data from the first quarter of 2016.
It shows that the introduction of certified cash registers has positive effect, which reflects on the increase of the declared turnovers as well as in the increase of the VAT collected.
The total turnover of the taxpayers using cash registers in the period February-April 2016 was EUR 5.4 billion, compared to the same period of the last year increased by EUR 293.3 million (5.7%).
In the period from February to April 2016 taxpayers paid EUR 758.8 million VAT, which is EUR 33.6 million (4.6%) more than in the same period of 2015.
It is interesting that taxpayers in the catering industry marked an increase of 20.7% in VAT collection more than in the same period last year. The positive effects from the use of the certified cash registers could be also seen in the increasing number of new employees in the same period. Besides inspecting the regular use of certified cash registers Revenue Authority is also controlling illegal labour. In the first four months of 2016 there are 22.705 newly officially registered employee, 9.808 of them are cashiers.
Finally, up to day 13.5.2016, 54,035 taxpayers have been issued with over 72,522 digital certificates. 46,527 taxpayers are already using their digital certificates for issuing receipts. Up to mentioned date more than 346 million transactions were registered by the central server of the department of revenue.
For more about Slovenia, check our fiscal encyclopedia section.