Over 3.2 million receipts registered in VAT lottery

SLOVAK consumers registered more than 3.215 million receipts into the National VAT Lottery during the first week after the Finance Ministry launched the lottery on September 16, the TASR newswire reported on September 23.

SLOVAK consumers registered more than 3.215 million receipts into the National VAT Lottery during the first week after the Finance Ministry launched the lottery on September 16, the TASR newswire reported on September 23.

People registered most of the receipts, up to 3.072 million, through mobile applications and the internet. A total of 111,700 came in through Tipos, while another 23,179 receipts were entered using SMS text messages. ŠEVT, an office supplies retailer, registered some 7,300 receipts, TASR wrote.

Each sales receipt for a purchase of at least €1 issued after September 1 is eligible for winning thousands of euros. Customers need only to take the receipt from the merchant and enrol it with the Tipos lottery company, or via the internet or a short text message.

The aim is to encourage shoppers to ask for receipts, thereby forcing more retailers to issue official receipts on every sale and thus pay more VAT. The state estimates that VAT evasion via cash registers alone amounts to €150 million annually. The lottery will be overseen by Tipos. The first drawing will take place on September 30, and it will occur twice per month thereafter.

Source: TASR

Compiled by Radka Minarechová from press reports

The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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