The system of fiscalisation under the Cash Transaction Fiscalisation Act, which includes the introduction of a set of measures implemented by businesses subject to fiscalisation in order to allow for efficient oversight of realised cash turnovers, is going smoothly and there have been no major problems since 27 December 2012 when the system was launched in cafes, restaurants and other hospitality industry businesses, the Croatian Tax Administration reported on Wednesday.
"In the period starting at 10:00 hours on 27 December 2012, when the Tax Administration first allowed access to the fiscalisation system production environment, until 1 January 2013 at 15:00 hours, the system had received a total of 4,201,284 XML receipt entries from 5,089 different OIBs, and 34,470 business premises entries from 6,534 different OIBs," the Finance Ministry reported on Tuesday. It was also reported that there were no interruptions in the operation of the fiscalization system since it was started.
The Cash Transaction Fiscalisation Act, which went into force on 1 January, will be enacted in three stages, with hospitality and medium-sized retailers being covered in the first stage.
Businesses will have to apply electronic cash registers with the appropriate software to support digital signatures and electronic connections with the Tax Administration.
The second phase which comes into force April 1 will include all retailers and freelancers and the final phase will incorporate all other businesses as of July 1.
The Finance Ministry estimates that the fiscalisation will bring about half a billion kuna into the state budget next year and more than a billion kuna each year after that.
