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According to the calculations of the State Tax Inspection, up to a third of the income or almost 10 million tons of income can be hidden in the markets. Therefore, the government, having slightly tightened merchant accounting and control requirements this year, promises to introduce next year’s electronic accounting journal, which would be mandatory to trade not only in the markets, but in other markets as well. public places, reports the portal lrt.lt.
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It also aims to raise the so-called value-added taxpayer ceiling to reduce shadows.
For almost a decade, this tax is mandatory if a person receives 45,000 for the goods sold. by year. The Ministry of Finance is asking the European Commission for permission to raise only 10,000. euros Small business organizations propose to almost double this threshold.
As of this March, the accounting and control requirements for merchants have tightened: merchants who had cash registers were unable to complete registrations. However, since all the information on the cash registers is not disclosed, the cash register holders are also required to complete those log books. These records must also be kept by those who sell potatoes, tomatoes, cucumbers, strawberries, with the exception of farmers who sell their products.
Market traders say these are excessive requirements that are ruining their business.
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