The most important measures introduced by the Act to help entrepreneurs and businesses are:
i) extending the deadlines for submitting business income tax advance, corporate income tax return and for submitting AJPES annual reports from March 31st to June 1st, 2020 (with some exceptions, such as terminations, status changes and insolvency procedures, and with special arrangements for those entities whose financial year does not equal the calendar year);
ii) extension of the deadline for the notification of the determination (or termination of determination) of the taxable amount, subject to standardized expenditure, by the 1st of June 2020;
iii) simplification of the procedure for applying for the change of the advance or advance payment of personal income tax and advance tax on corporate income tax - taxpayers will not have to file a tax return for the current period, but only an assessment of the tax base for the current tax period, for which FURS will shortly prepare a special form;
iv) the deadline for defining a new insurance base is postponed to June 2020;
v) taxpayers can apply for deferral of tax for a maximum of two years or for payment of tax in instalments up to a maximum of 24 monthly instalments (deferral or instalment payments are not applicable to social contributions) - no interest is accrued during deferral and instalment payments;
vi) in the field of tax enforcement, the statute of limitations for tax recovery does not run temporarily (unless the tax authority starts or continues the already initiated tax enforcement) - the other deadlines for performing procedural actions in tax procedures are not interrupted, since the functioning of the state depends on timely payment of taxes (meaning that those obligations not covered by the measures do not change the deadlines for payment or for lodging remedies);
vii) the deadline for drawing up the informative calculation of personal income tax for 2019 has been extended to the 30th of June 2020, and consequently for the taxable persons who are residents in the Republic of Slovenia and who will not be served the informative calculation of personal income tax for 2019 until the 15th of July 2020 the deadline is extended for filing income tax returns by the 31st of August 2020;
viii) changes will also be made in the implementation of the government budget, since the Government of the Republic of Slovenia will, for the needs of additional funds for emergency measures (related to the epidemic), suspend the implementation of individual budget expenditures that do not represent statutory tasks until the adoption of the revised budget this year. The Act also gives the Government of the Republic of Slovenia (for the duration of the epidemic) additional powers to reallocate funds within the adopted budget.
The measures will be valid until the reasons for them cease, upon which the Government of the Republic of Slovenia will announce the termination of the measures with a decision.
The Wage and Contribution Measures Act (ZIUPPP) was also adopted today, which introduces a deferral of payment of social security contributions for the self-employed for the months of March, April and May 2020 until March 31st, 2022 at the latest -
the deferral will be automatic, meaning that beneficiaries will not need to apply for it; except tax defaulters will be exempted, and they also have the option to settle their obligations by the 6th of April at the latest (due by the 28th of February 2020). You can find more information about this Act in this
link.
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