Businesses to the National Revenue Agency: “Regulation 18” Is Ineffective!

The National Revenue Agency’s system has forced merchants to go back many years, to a time when receipts were written out by hand. The problem with the system emerged earlier this week. The National Revenue Agency introduced “Regulation 18,” which shocked the business community with the requirement to purchase new cash registers capable of sending data on their profits to the government—and all within just a few minutes.

National Revenue Agency spokesperson Rosen Bachvarov denied that a hacker attack caused yesterday’s system crash.

“The reason for what is happening is that some fiscal devices are programmed to send signals to the government much more frequently. We will soon meet with developers, and this problem will be resolved. The system has been tested on approximately 4 billion receipts. Software manufacturers are making offers to merchants to circumvent the National Revenue Agency’s requirements. “The risks of such a violation being discovered are enormous,” he noted on Bulgaria ON AIR.

According to IT expert Ivan Argentinski, the NRA’s system crash was largely foreseeable.

“It’s actually a good thing that this is happening now, because it highlights the problems. The government administration is not prepared from an IT standpoint. All merchants have faced difficulties. This regulation imposes very complex requirements on more complex companies. This is a major obstacle to bringing certain companies out of the ‘gray’ economy. We, as trade associations, are in dialogue with the National Revenue Agency and are trying to clarify matters. The business community is being burdened unnecessarily,” he said on “Bulgaria This Morning.”

Argentinski clarified that the deadlines are extremely short, and this is hindering dialogue between the business community, industry associations, and the government.

“We shouldn’t expect major results from today’s meeting with the National Revenue Agency. We’ve been holding meetings for a long time now. We want the regulation to be revised,” the expert emphasized.

Attorney Valentin Savov also commented on the issue. In his view, the “gray” market will not be affected by this regulation—it will continue to operate as it has until now.

“What this regulation does is place a huge burden on legitimate businesses.” We must follow modern trends around the world. In some respects, the regulation is ineffective. It even violates Bulgarian and European legislation,” Savov stated categorically.

Additional information can be found here: https://www.bgonair.bg/a/36-sutreshen-blok/

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