BUSINESS

Stamp duty waived for uninsured vehicles, but only till mid-July

PROKOPIS HATZINIKOLAOU

TAGS: Finance

The government announced on Wednesday that owners of uninsured vehicles won’t have to pay the 250-euro stamp duty provided they sign a policy by July 14, giving them a second chance to comply with the regulations.

It has also decided it will reduce the fines of those who still haven’t insured their vehicles by July 15.

This is in response to the reaction of the recipients of hundreds of thousands of erroneous notices the Finance Ministry has sent out, due to data not having been cross-checked.

Those who had paid the 250 euros since receiving the letter up until Wednesday will get their money back.

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