A new era for small taxpayers: Simplified taxation ends in 2026
Simplified taxation will be phased out in metropolitan areas, forcing many small businesses into the standard regime. The update highlights which sectors are affected, the transition timeline and key compliance actions.
The simplified taxation regime used to ease the compliance burden for small businesses by offering lighter bookkeeping and filing requirements. With the latest changes, this option will gradually disappear in metropolitan areas and a large portion of small taxpayers will move into the standard regime.
Transitioning to the regular scheme means more detailed bookkeeping, recurring VAT and provisional tax returns and closer monitoring of bank transactions. Business owners should therefore reassess their pricing, profitability and cash‑flow plans together with their accountant.
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