The single declaration will be replaced. Romanians will no longer have to estimate their income every year

The single declaration for income tax and social contributions will be replaced from 2025. Instead, a pre-filled form will be introduced that will retrieve information from the Treasury’s database.

The new form “Single Smart/Digital Declaration” will be implemented from next year, with 2025 being the transition year. The new declaration will be pre-filled and calculated based on information extracted from the documents. Finance Minister Marcel Boloş announced in an interview that for each taxpayer, the single smart/digital declaration will be available from all ANAF modules and databases, such as e-invoices, e-TVA, e-transport Profit.ro.

In addition, the revenue estimation mechanism will also be abandoned.

The project is still ongoing and is also currently analyzing whether the new form will be called a “single intelligent statement” or a “single digital statement.”

How does the new system work?

“I held meetings with the business environment about the Single Smart Declaration. We have not yet finalized the terminology, but this is how we intend to name it, “digital” or “smart”. It brings a series of novelties. It replaces the current Single Declaration, first of all, the estimates are removed, that is, you no longer submit a declaration with estimates for the next period. Then, in the content of the declaration, there are procedures that will be automated, pre-done, calculated in the declaration. The Single Smart Declaration will be interoperable with our databases, the e-invoicing module, the e-VAT, the e-transport module. This means that in terms of expenses, since the e-invoicing module has all the data of the registered expenses, there should actually be a correlation between the data in the Single Smart Declaration and the invoice value registered in the e-invoice. If a natural person makes a purchase and enters an expense in the Single Declaration, then, if that expense was paid by a natural person, it can be seen in the e-invoice. The net income for taxation is no longer determined by the individual declaring that income, but we simply extract the data. It will be pre-filled and you can modify it if you have strict reasons”, Announced as Minister of Finance Profit.ro.

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Electronic invoicing will play a role in controlling expense deductions, but taxpayers filing a single smart return will be able to make changes and attach an explanation.

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