Receipt lottery increased budget revenue by 1.2 million

The receipt lottery has increased the revenues of the State budget by EUR 1.2 million during the year, the State Revenue Service (VID) said on July 14.

Residents registered 16.6 million payment documents during the year in the receipt lottery organised by VID.

“The information VID received monthly from receipts submitted in the lottery helps to detect significant irregularities in the field of tax revenues, such as the use of cash registers removed from accounts and not complying with technical requirements, failure to report revenues in declarations or the failure to register VAT. The lottery also shows the risks of not declaring all employees and not accounting for the time actually worked by all employees,” – said the VID statement to the media.

VID also said that the receipt lottery has proven to be an effective control tool in the context of the COVID-19 crisis, since the submitted receipts have highlighted cases where paychecks are continued to be issued by firms which have applied for and are likely to receive downtime benefits unduly.

During preventive measures and inspections, 932 entrepreneurs have submitted updated declarations at the request of VID and have declared additional duties of EUR 1 195 731. As a result of 43 inspections carried out by VID, a fine of EUR 21 540 has been imposed. As a result, the revenue of the State budget is increased by EUR 1 217 271 million as the lottery celebrates its first anniversary.

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Economy
Economy