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Monday 11.12.2017 | Name days: Valdis, Voldemārs, Valdemārs
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LRA calls for review of new cash registers introduction procedure

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Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RUIn a letter addressed to Finance Minister Janis Reirs, Latvian Regional Alliance asks to review requirements of the Cabinet of Ministers that make it obligatory for companies to adopt new cash registers once a certain level of turnover is reached.

Having discussed the potential burden of costs and administrative measures under new regulations, especially in rural regions, LRA asks to allow companies to keep using their current cash registers until their their term is up.

Because entrepreneurs in regions and organization representing interests of businessmen have expressed justified concerns over the possibility of complying with suggested regulations and open protests against them, LRA asks the minister to carry out the introduction of new cash registers and systems in a gradual process, with reasonable terms.

«After discussing the matter with businessmen and business associations, we understood that forceful adoption of these regulations threatens the very survival of many traders. If the owner of several small shops has to invest several thousand euro for the procurement of new cash registers or cash register systems, the trader, unable to afford certain requirements, could decide to close the least profitable shops. It is also possible that the unlucky shop is the only one in a designated populated area,» – says LRA Saeima faction leader Dainis Liepiņš.

State Revenue Service believes ‘stricter technical requirements for cash registers are necessary in order to exclude the possibility of fraud and intentional manipulation of their stored data’.

«We, on the other hand, have no certainty that SRS will not decide to implement some other technical requirements in a year or two, forcing entrepreneurs to invest money in new anti-corruption measures. As proven by the more recent cases involving two well-known catering establishments that had manipulated cash register data in order to defraud taxes over a long period of time, any modern security system can be manipulated or hacked. With that, SRS should instead perform an in-depth analysis and investigation of this case in order to come up with counter-measures to combat similar attempts in the future. It is not enough to define new technical requirements,» – adds Liepiņš.

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