[size=85:12xfop3z]Regal retail 07 JUune 2010

NRA offers a non-cash payment over 5000 levs

Restriction of cash payments is one of the measures to combat the informal economy that offers the National Revenue Agency. From the office offered a bill in which cash payments may be made up to 5 thousand, and for transactions above this amount is required to pay by bank transfer, said NRA chief Krasimir Stefanov.

For non-compliance penalties are provided. For a first offense, they have half the amount between the upper limit for cash and the deal price. For the second offense provides for a fine of 100% of that difference.

The bill was submitted to the Ministry of Finance and the management of the office depends on when it will go through the government and will go to parliament for discussion. With these measures we expect to bring to light the hidden 90% of turnover, "
said Stefanov. He added that tax inspections show that the deals were for 10-15 million, payable in cash.

Another measure proposed by the NRA to combat the informal economy is to connect the cash registers of businesses with the tax system. Ordinance that has already been publicly announced and now the period for its proposals. Binding of cash registers, however, will be made in stages, which must be completed in 2012 Getting to the system will be linked with fuel retailers, said Stefanov.

To promote "
citizenship"
and Revenue Agency is considering a lottery with prizes for people who collect the most receipts. "
We do monthly raffles, and may have greater annual award. This could be introduced next year,"
said NRA chief.

Stefanov recalled that last week's run out 470 referees. According to data of the Bulgarian Football Union, their fees go between 100 and EUR 4 thousand per game. "
We'll see whether they have declared them,"
said Stefanov. He added that for the last half year tax fraud have prevented some 600 million