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12,739 entities submitted the simplified VAT declaration

Around 12,739 entities that fall within the range of 2 to 5 million ALL submitted at the Tax Administration within the legal deadline and without any penalties the simplified declaration on Value Added Tax. This figure constitutes around 96% of the total declarations generated from the system for small taxpayers who had the liability to declare and pay VAT for September.

During October the Tax Administration provided the required assistance to 35 entities of small business to fill in the books of sales and purchases, as well as to fill in the simplified VAT declaration.

The General Directorate of Taxes will continue to provide to all businesses the due assistance and information to accurately fulfil their tax liabilities.