The General Directorate of Taxation- GDT announced today that, in order to facilitate the process of issuing electronic invoices, entities can use the Self-Care portal free of charge, as a simplified and understandable solution.

“The approach of the Tax Administration will be advisory and informative to come to the aid of every taxpayer,” GDT said.

The first phase of the implementation of the Fiscalization reform started on January 1, 2021, which consisted of cashless transactions between taxpayers and public entities (B2G); on July 1, 2021 started the second phase of cashless transactions between taxpayers (B2B); On September 1, the third phase of taxpayer-consumer (B2C) cash transactions. //a.i/

The General Directorate of Taxation-GDT brought to the attention of taxpayers, the legal obligations imposed on businesses under the law ” On the invoice and the turnover monitoring system “, as amended, known as Fiscalization.

Businesses must have met the five requirements of Fiscalization, equipment with electronic certificate, they must register their data in Self-Care portal, as well as be equipped with a software to issue invoices.

The second phase of Fiscalization, which includes cashless transactions between businesses (B2B), started on 1 July.

The General Directorate of Taxation (GDT) announced that, the administrative sanctions for non-timely fulfillment of the Individual Annual Income Declaration (DIVA) 2020 will be forgiven until January 1, 2022. //a.i/

Revenues from VAT collected (gross), are estimated at ALL 26.8 billion, 6 billion or 28.8% more than in the first six months of 2020, as well as 3.1 billion or 13.1% more than the 6-month plan 2021.

The sectors with the largest contribution are the trade, construction and manufacturing sectors.

Reimbursements in the 6-month period 2021 reached ALL 15.3 billion, ALL 8.1 billion or 111.6% more than the in the same period of 2020, and ALL 5.4 billion or 54.9% more than the VAT refund plan for the 2021 quarter. //a.i/

The Electronic Certificate is one of the essential elements that ensures the use of the electronic invoice portal and the performance of transactions through it.

GDT informs that this document is provided by applying online to National Agency for Information Society- NAIS through the e-Albania portal at the link: https: //e albania.al/eAlbaniaServices/UseService.aspx…

The Fiscalization Process is a reform launched by the Tax Administration since January 1 this year, with aim of having a positive impact on the entire economy, but especially on businesses, as the automated exchange of electronic invoices shortens time and is safer.//a.i/

The General Directorate of Taxation-GDT  informs all individuals that the submission of the Individual Annual Income Declaration-DIVA must be performed by June 30, 2021 and they must complete only the tax period 20-A, for 2020.

According to Denaj, residents and non-residents in the Republic of Albania, must fill in and submit DIVA 2020, who during 2020 have earned income from all sources, in Albania and abroad worth over 2,000,000 (two million) ALL.

Pursuant to the normative act adopted at the beginning of May, it was proposed extension of the deadline for filling in the Individual Annual Income Declaration (DIVA) form from April 30 to June 30. //a.i/

The GDT published the instruction on how to accurately fill in the Individual Annual Income Declaration-DIVA form.

“The declaration is generated pre-filled automatically with data on gross annual income from wages or bonuses as well as the calculation of Employment Income Tax,” GDT said. //a.i/

The event was organized in the light of the business information campaign on the Fiscalization process undertaken by the Tax Administration, to raise awareness and encourage businesses to properly implement the Fiscalization.

In his remarks, the AmCham President Enio Jaco emphasized the importance of implementation of this process and the benefits of business.

For her part, the General Director, Ibrahimaj said that, the Tax Administration has always been open to such cooperation.

Ibrahimaj expressed the commitment to develop a system which can be easy to use and as close as possible to the needs of the business.//a.i/

“These individuals should pay only the obligation they may have after completing the DIVA form, and should not pay the fines or interest on arrears generated by the system for delays in declaration or payment, despite the fact that they may be included in the payment order,” GDT said.

The Tax Administration informed that work is underway to improve the system regarding these administrative sanctions which are generated automatically.

The Individual Annual Income Declaration, in addition to being a legal obligation of each individual subject to the declaration, is also a guarantee of justification of the private property. //a.i/

According to the GDT, residents and non-residents in the Republic of Albania, must fill in and submit DIVA 2020, who during 2020 have earned income, from all sources, in Albania and abroad worth 2,000,000 (two million) ALL and more.

The self-employed category and individuals employed in an entity (natural or legal person) will be exempted from the Annual Personal Income Tax Declaration (DIVA).

Annual Personal Income Tax Declaration, in addition to being a legal obligation is also an added guarantee to the justification of private property. //a.i/

“All taxpayers, natural persons who are not registered with the VAT liability and can not issue electronic invoices via Self-Care platform and other taxpayers who had previously encountered the problem of correcting an invoice, will be able to further continue with this process,” according to the statement GDT statement.

The Taxation Administration encourages businesses to take all actions and reaffirms its support and cooperation in this important process for both taxpayers and the GDT. //a.i/