Fiscalization In Figures
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1 REPUBLIC OF CROATIA MINISTRY OF FINANCE Fiscalization In Figures Boris Lalovac, Minister of Finance Tax Conference On-line Registration of Payments Experience and Expectations Prague, June 16, 2015
2 REPUBLIC OF CROATIA IN FIGURES Area km² Population 4.3 mil 243,000 permanent taxpayers (companies, crafts, independent professions) December, 31, ,000 taxpayers registered as VAT taxpayers; VAT the most important revenue of state budget (EUR 5.3 billion) December, 31, % (127,100) taxpayers up to the turnover of EUR 260 thousands; only 6% of VAT The majority of taxpayers are engaged in service industry (tourism, retail, service)
3 STATE OF PLAY SELF-EMPLOYED NATURAL PERSONS amount in EUR FOR 2011 FOR 2012 ACTIVITY AVERAGE ANNUAL INCOME AVERAGE DAILY INCOME AVERAGE DAILY RECEIPT AVERAGE ANNUAL INCOME AVERAGE DAILY INCOME AVERAGE DAILY RECEIPT INDEKS INDEKS INDEKS (5:2) 9(6:3) 10(7:4) WHOLESALE AND RETAIL TRADE PREPARATION AND SERVING OF FOOD AND BEVERAGES HAIRSTYLIST SHOPS AND BEAUTY PARLOURS ,63 98,31 97, ,00 97,50 99, ,67 101,76 103,27 Average annual net salary in 2012 amounted to EUR 8,712, and single person s annual personal allowance (one-person household) in 2012 amounted to EUR 3,499
4 CROATIAN MODEL OF FISCALIZATION TAXPAYERS Taxpayers have adjusted the existing solutions for issuing receipts - it requires only the implementation of software and Internet connection (low costs of implementation) Most taxpayers could have kept the existing devices Market was adapted to the fiscalization very quickly very affordable fiscalization packages (portable devices plus Internet connection); costs of fiscal certificates are only 40 EUR (8EUR/year) 95% of country area is covered with Internet connection (today only 25 taxpayers operate in the area without Internet connection)
5 CROATIAN MODEL OF FISCALIZATION Fiscalization has not led to businesses getting closed OVERVIEW OF THE NUMBER OF SELF-EMPLOYED NATURAL PERSONS TYPE OF TAXATION ON SELF- EMPLOYED PERSONS BUSINESS/FINANCIAL RECORDS LUMP-SUM TAXATION TOTAL
6 FISCALIZATION IN FIGURES 87,894 fiscalization subjects; 15,127 with special process of fiscalization only for taxpayers who pay lump-sum tax Only 25 subjects operate in the area without stable Internet connection More than 6 million receipts are received per day (the Peek is on Friday) until the end of 2013, over 2.2 billion cash receipts (more than 50% were recorded in trade) Fiscalization didn t prolong the time needed for issuing a receipt The system didn t record any interruption of its function
7 FISCALIZATION IN FIGURES
8 FISCALIZATION IN FIGURES Comparison of the number of receipts 2013/2014
9 AMOUNT OF RECEIPTS AND AMOUNT OF VAT BASE Month TOTAL INDEX VAT base (2014/ ) HRK INDEX (2014/ 2013) , , , , , , , , , , , , , , , , , , , , , , , ,29 UKUPNO , ,91
10 FISCALIZATION IN FIGURES Situation after the introduction of the fiscalization, in figures - self-employed natural persons FOR 2012 FOR 2013 ACTIVITY AVERAGE ANNUAL INCOME AVERAGE DAILY INCOME AVERAGE DAILY RECEIPT AVERAGE ANNUAL INCOME AVERAGE DAILY INCOME AVERAGE DAILY RECEIPT INDEKS INDEKS INDEKS (5:2) 9(6:3) 10(7:4) WHOLESALE AND RETAIL TRADE PREPARATION AND SERVING OF FOOD AND BEVERAGES HAIRSTYLIST SHOPS AND BEAUTY PARLOURS ,32 119,75 108, ,75 225,49 165, ,54 125,39 140,72
11 THE EFFECT OF FISCALIZATION ON SPECIFIC EVENTS Monitoring trends Example 1: Labour Day on the day before holiday, the increase in turnover is visible (leaps on April 30, 2013/2014/2015) while on the holiday itself (May 1) weak turnover as expected because shops and some catering establishments were closed
12 TRENDS IN NUMBER OF ISSUED RECEIPTS - CATERING MONTH / /2013 January ,80 113,58 February ,58 110,94 March ,99 108,53 April ,25 103,97 May ,66 105,03
13 EFFECTS TURNOVER, INCOME FIGURES SHOW THE SUCCESS OF THE FISCALIZATION PROJECT Data on the selected sample of individuals who submitted the income tax return for provided services on June 3, 2014, according to the submitted income tax returns for 2013, an average declared realized personal income, at the state level, from independent activities, crafts and self-employed activities, in relation to 2012, was increased by 35%
14 EFFECTS VAT forms INCREASE OF TAXABLE DELIVERIES 2013./2012. ACTIVITIES CRAFTS MICRO COMPANY TOTAL INCREASE CATERING 54,82% 30,17% 40,52% (billion HRK) 1,2 1,3 2,5 TRADE 27,66% 11,50% 13,89% (billion HRK) 1,1 3,8 4,9 LAWYERS 9,73% (milion HRK) 15,5 TOTAL 30% 12% 17% (billion HRK) 2,3 5,1 7,4
15 EFFECTS CONSUMPTION TAX YEAR CONSUMPTION TAX INDEX HRK ,24 108,09 147,97 101,64 consumption tax collection at the state level, in the period , was increased by 48%
16 EFFECTS - BUDGET REVENUES The year 2013 was the year of the introduction of fiscalization, but, at the same time, it was also the year of other changes in tax legislation (tax rate, threshold for VAT) = therefore, it is not possible to compare the amount of collected tax Increase in deliveries through the fiscalization resulted in the increase in other tax revenue: Profit Tax - increase of 11% in tax obligations imposed on fiscalization subjects in corporate income tax returns for 2013 in relation to the number of the same type of tax returns in 2012 Personal Income Tax increase of 70% in tax obligations imposed on fiscalization subjects in self-employment income tax returns in 2013 in relation to the number of the same type of tax returns in 2012 Other public levies - increase of 16% in tax obligations imposed on fiscalization subjects in tourist fee, monument annuity and other public levies returns
17 INSPECTION ACTIVITIES January 1, 2013 the launch of the fiscalization in the Republic of Croatia January 7, 2013 first inspections; the goal: the control of entries to the fiscalization process Non-implementing the fiscalization process forced closing of establishments for 3 days, that is, until the fiscalization is set up the system proved that the fiscalization can be set up within 3 days YEAR NUMBER OF INSPECTIONS RESULTS (irregularities) GOAL FINES % % Control of entries to the fiscalization Targeted inspection of fiscalization implementation HRK 12.6 mil HRK 14.6 mil
18 INSPECTION ACTIVITIES (example) RED BULL AIR RACE ROVINJ MAY 30 and 31, 2015 (COMPARISON WITH THE PREVIOUS WEEKEND) Town of Rovinj Rovigno All activities Number of receipts Amount of receipts total Amount of VAT base SATURDAY , , ,07 SUNDAY , , ,61 Receipt amount growth index VAT base growth index SATURDAY , , ,20 313,92 267,81 SUNDAY , , ,49 284,53 218,33 TOTAL 05/ , , ,10 Note: If we compare the turnover in all activities in the Town of Rovinj during the Red Bull Air Race on the last weekend in relation to the one before, the increase in the amount of receipts is visible on Saturday, %, and on Sunday, %, while the increase in the VAT base was % on Saturday and % on Sunday.
19 INSPECTION ACTIVITIES IN 2015 Public notification of the Fiscalization Supervision Action via the system, the comparison of the behaviour of fiscalization subjects and the number of receipts before, during, and after the Action = targeted supervisions at the fiscalization subjects with changes in the behaviour Supervisions from the Office; field supervisions only when necessary On the basis of the analysis of collected data through the fiscalization process The analysis of data on the fiscalization subjects irregularities, lack of clarity Comparison of data with similar fiscalization subjects monitoring the occurrences and discrepancies/deviations New supervision method applicable to 40% of all permanent taxpayers = savings in the supervision resources, increase in the efficiency of the inspector s performance
20 Reverse of invoices by the end of working hours
21 Reverse of invoices in catering industry
22 Delays in the delivery of issued receipts
23 Active fiscalization subject a caterer does not implement fiscalization
24 Complete overview of a taxpayer HRK Mea sure Amount of VAT base VAT Forms Supervision Fiscalization VAT amount Amount not subject to taxation and exemption amount No. of fiscalization supervisions No. of supervision s -other No. of issued receipts Total amount of receipts Amount of VAT base VAT amount Amount not subject to taxation Exemption amount Amount not subject to taxation and exemption amount (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) = ( ) ,50 677,73 0, , , ,64 0,00 0,00 0, ,93 684,89 0, , , ,47 0,00 0,00 0, ,00 0,00 0, , , ,59 0,00 0,00 0, ,00 0,00 0, , , ,81 0,00 0,00 0, ,00 0,00 0, , , ,38 0,00 0,00 0, ,00 0,00 0, , , ,94 0,00 0,00 0, ,00 0,00 0, , , ,84 0,00 0,00 0, , ,37 572, , , ,25 0,00 0,00 0, , ,23 0, , , ,16 0,00 0,00 0, ,00 0,00 0, , , ,23 0,00 0,00 0, ,00 0,00 0, , , ,19 0,00 0,00 0, ,00 0,00 0, , , ,89 0,00 0,00 0,00 TOT , ,22 572, , , ,39 0,00 0,00 0,00
25 FISCALIZATION IN THE BROADER CONTEXT Fiscalization system communicates with other sub-systems within the IT system of the Tax Administration
26 True or False? Approx. one third of self-employed entrepreneurs (49,000) closed their business in Croatia as a result of fiscalization F Fiscalization was designed as a tool to intimidate and eliminate small businesses. Many businesses were closed by the Tax Administration for minor misdemeanours (e.g. 7 kuna excess cash in the cash register) F Collection of other taxes decreased as a result of fiscalization (income taxes, social security etc.) F Former minister Slavko Linic had to resign due to unsatisfactory results of the fiscalization project - F
27 INSTEAD OF A CONCLUSION CROATIAN MEDIA ON THE FISCALIZATION ISSUE August 8, BEFORE FISCALIZATION, the caterer earned HRK 5000 per month, AND NOW.: August 10, 2013, FISCALIZATION WONDERS The turnover realized by a caterer from Hvar leaped by 2729 percent!: posto.html 24sata, July 13, 2015, 80 percent of Croats support the fiscalization, but grade given to Linić is 2.9: August 12, 2013, Linić: They had HRK 120,000 of surplus. Carpe Diem: Ourtablet computer went off, Carpe Diem on island Hvar and Hacienda in Vodice caught in tax misdemeanours and are waiting to be closed, reports RTL
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