Monetary Amount on Receipts Increases in Split-Dalmatia in August

Lauren Simmonds

Updated on:

As Jozo Vrdoljak/Novac writes on the 7th of September, 2020, the Split County Chamber of the Croatian Chamber of Commerce (HGK) analysed the operations of the economy in Split-Dalmatia County during August and the first eight months of this year by looking at the value of fiscalised receipts and the unemployment rate.

According to the Tax Administration of the Split Regional Office, the value of fiscalised receipts from taxpayers based in Split-Dalmatia County over August amounted to 2.1 billion kuna, which is an encouraging 15.6 percent higher than it was in July, but 21.6 percent lower when compared to last August, which is obviously to be expected given the current pandemic-dominated situation.

In the first eight months of this year, receipts totalling 9.7 billion kuna were issued, which is a decrease of 19.5 percent when compared to 12.1 billion kuna recorded in the same period last year. The value of the receipts issued last month accounted for 21.6 percent of the value of all receipts issued for the entire eight-month period of this year.

The only activity in Split-Dalmatia county in the period from January to August this year to have achieved an increase in the monetary amount on issued receipts when compared to the same period back in 2019, was the activity of information and communication, with growth marked at 5.8 percent. The activities in Split-Dalmatia which recorded the largest decline in the monetary value of issued receipts, (of more than 50 percent) when compared to August 2019, are the arts, entertainment and recreation, which are down by a concerning 57.5 percent, construction 54.4 percent, transport and storage -52.9 percent and administrative and support service activities, which are down by 50.5 percent.

These are also the activities that, in addition to real estate/property, experienced the largest decline in the value of receipts issued in the first eight months of this year in Split-Dalmatia when compared to the same period last year.

Considering the representation of accommodation and food preparation and serving in the central Dalmatian county’s economy, it should be emphasised that the value of the receipts issued in that activity last month amounted to 606.4 million kuna, equal to 30.7 percent less than what was recorded back in August last year.

“Despite the current epidemiological situation, when we look at the activity of providing accommodation and food preparation and serving in Split-Dalmatia in August when compared to July, the value of fiscalised bills increased by 37.8 percent,” stated the president of HGK’s Split County Chamber, Joze Tomas.

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