After 100 euros from the state and a moratorium, a new round of aid is possible



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DATE AND TIME:
04.11.2020. 09:10

Let us remind you that the first package of economic measures in Serbia had, as one of the measures, a tax relief for the economy.

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Counter, Photo: Hola / Rajko Ristic

The modifications of the tax law have opened the possibility of a new round of business support and for the help they are for businessmen He claimed it meant more to them.

The new bill provides, namely, the option of additional deferral of past due tax debts and tax liabilities.

In translation, the possibility of a new moratorium, but not the obligation of the state to implement it.

Did you take 100 euros of aid from the state?

Specifically, the law added a position that establishes that the deferral of payment of tax debt or past due tax liabilities is possible “exceptionally, in order to mitigate the economic consequences caused by a pandemic, force majeure or other extraordinary event in the manner and under conditions determined by the government. “

The Ministry of Finance explains that this is the legal basis for a new postponement to be approved in the event of a new emergency, as was done at the end of March, and that this certainly does not mean that the postponement will certainly occur.

“The proposed provisions regulate in a special way the procedure for the urgent adoption of measures in the field of tax policy in order to mitigate the consequences that may occur for the economy and citizens due to extraordinary events. Consequently, if necessary, the Government may adopt such measures to systematically mitigate the consequences in relation to entities that may be threatened by extraordinary events ”, states the Ministry of Finance for“ Blic Biznis ”.

Tax relief in the package of economic measures

Let us remind you that the first package of economic measures in Serbia had, as one of the measures, a tax relief for the economy.

For the most part, it referred mainly to the postponement of the payment of the tax obligations owed, with subsequent repayment in installments, at the earliest from the beginning of 2021. It is about deferring the payment of taxes and contributions for at least three months , defer the payment of the income tax advance for the second quarter and exempt the payment of income tax for donations.

The total value of these measures was 160 billion dinars..

“The deferral of the payment of taxes on salaries and private sector contributions, during the state of emergency, aims to increase the liquidity of all economic entities of the economic sector that pay salaries to employees. Also, this measure refers to to deferral of taxes on self-employment income, “explained Finance Minister Siniša Mali after the adoption of the first package of measures.



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