The Government Ordinance No.6 / 2015 for the modification of the Fiscal Code published in the Official Journal of Romania, Part I, no. 250 of 14 April 2015 will enter into force on 1st of June 2015. By modifying the content of Article 140 para. (2) g) of the Tax Code, the document states that the value added tax will decrease from June 1st from 24% to 9% for the delivery of the following goods: food, including beverages, but excluding alcoholic beverages intended for human and animal consumption, live animals and domestic birds, seeds, plants and ingredients used in the preparation of food products used to supplement or replace foodstuffs, as well as restaurant and catering services, excluding alcoholic beverages.
Socrate+ - the ERP was updated in order to respond to the legislative changes, the new hotfix is already available for download for customers with an active maintenance subscription.
SocrateCloud ERP & CRM is ready for the VAT changes and requires no additional development, due to the flexible arhitecture. There are two variants of defining and implementing the new VAT rate, both variants can be implemented easy, without any development effort.
For more information about BITSoftware solutions, please contact us at sales@bitsoftware.ro or visit our sites: www.bitsoftware.eu, and www.socratecloud.eu
