The Slovenia Times

Govt pushing back tax duties for companies


The measures, filed to parliament in fast-track procedure, push back the deadlines for tax documentation filings for businesses until 31 May.

Moreover, companies will be able to ask for a tax deferral of up to two years or for paying tax in up to 24 instalments within two years. A deferral is already possible now, but conditions will be softened and simplified.

As the government adopted the bill, the Finance Ministry also announced a bill that would allow business to ask banks for a 12-month deferral of credit payments in case these were not already due before the epidemic set in. The government is expected to discuss the bill on Wednesday.

The bill adopted today also pushes back the due date for the Financial Administration's income tax slips for 2019. While the Tax Administration has been sending out its tax return calculations to those it has data for by the end on May, the new deadline is 15 July. Those who do not receive one by then, will have to file their own tax return by 31 August.

Meanwhile, to secure additional and swift funding for crisis measures, the bill also gives the government full discretion in the use budget funds approved for purposes not deemed part of legally binding tasks.

The government will be able to redirect funds without a supplementary budget, or more precisely on the basis of a supplementary budget that need not be submitted to parliament until up to 90 days after the crisis ends. The supplementary budget is meant to include all expenditure related to the epidemic.


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