In less than two months, the last wave of electronic sales registration implementation will begin, affecting all those who accept cash payments. According to available information, in the Pilsen region, for example, few entrepreneurs have so far registered. Some argue that EET is unnecessary because the Ministry of Finance already has enough information to manage financial flows without problems. Others, however, hope that managing sales will make the competitive environment more level.
Since the New Year, a total of 168 authorization codes have been issued to vendors, and this is only necessary to allow sales to be recorded electronically. However, it is not clear from these figures how many new entrants to the EET beginning May 1, for example, are new traders; for those affected by the latest phase of the EET, there is a hotline within the tax office to find out everything there is to know, what to do, where to go, etc. can do.
The last wave of EET implementation concerns, simply put, all businesses that accept or will accept cash payments. For example, as of May 1 of this year, confectioners, hairdressers, doctors, repairmen, bakers, artisans, butchers, and accountants will be included in the EET group. Only some of these will see their VAT rates reduced
.
Despite the fact that there is only a month to go before the start of the program, most traders have not started preparing at all, as they expect the Constitutional Court to rule in their favor and reject their registration by May 1, 2020. This form of electronic accounting seems to be nothing more than a punishment for small entrepreneurs, given that they are not substantially burdened by the state in terms of employees, holidays, sick leave, etc. Some of them, however, favor the introduction of this measure,
as it has the potential to correct the competitive environment.