Institution > Small business corner > Fiscal equipment and tax coupon
Every taxpayer that during a calendar year carries out a turnover, i.e. supplies goods or services amounting at ALL 2,000,000 – 5,000,000, shall be registered in the Value Added Tax scheme.
Small business taxpayers that have declared sales in such value for 2017, have been automatically registered by the Tax Administration under this tax liability.
Every small business taxpayer, registered for the first time in this scheme, shall go to the companies authorized for fiscal equipment, i.e. where they have been equipped with a fiscal memory device, to change the tax rate, by placing the rate of 20% or the reduced rates as per the area of the taxpayers’ activity.
Therefore, every coupon issued for sales in cash, whether to the end consumer or other taxpaying entities, shall also specify the VAT paid by the buyer.