Changes in submission of tax applications have started

All taxpayers will starting from 1 January submit only 1 tax application instead of 11, and it will be submitted electronically by a qualified electronic certificate .

For all taxpayers who are not ready for consolidated tax payment will be provided a transition regime until 1 March, when the old system of collective applications cease to work , and there will be only one single application that will operate within the unified system for collection of taxes and contributions.

Filing tax applications is mandatory only electronically prior to each payment of wages , salaries and other income for which there is an obligation to pay withholding tax , and it will , as expected , greatly simplify the process for both taxpayers and the Tax Office and reduce business costs.

The adoption of the law introduces a new form of individual tax application for withholding tax , which will include individual and collective data on the calculated taxes and contributions.

Changes in tax proceedings , as expected , will have a positive impact on the operations of banks , which have to submit a tax application for the withholding tax withholding and payment of that tax on the payment of interest on savings deposits .