Saturday Jan 31, 2015 Search
Weather | Athens
16o C
13o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Hardouvelis ready to make changes to property tax after MP talks

Finance Minister Gikas Hardouvelis held talks on Friday with concerned New Democracy and PASOK MPs and pledged to make changes to the unified property tax (ENFIA) that would reduce the burden on taxpayers.

Sources told Kathimerini that Hardouvelis is set to change the way in which the ministry taxes agricultural holdings in some 4,000 areas for which there are no so-called objective values, which authorities use to calculate how much tax owners have to pay.

It appears that the ministry will use two methods for calculating the tax due on these holdings – one will be the one it is using at the moment and the other the one it relied on last year to calculate the old property tax, known as FAP. The method that produces the lowest tax burden in each case will be applied. It is estimated that this will lead to the owners of these plots of land paying a total of 167 million euros less in tax than they were originally asked to.

New Democracy lawmakers who met with Hardouvelis also said that he is considering applying a 25 to 30 percent discount on properties that are not being rented out and which do not have electricity. This would save taxpayers some 100 million euros. However, Finance Ministry sources were skeptical about whether the government will be able to make this concession.

The coalition is aiming to collect 2.4 billion euros from ENFIA, down from the 2.65 billion initially calculated.

Kathimerini understands that the government has decided to extend the number of installments to six, with the last one due in February. Originally, there had been four installments, with the final payment coming before the end of the year. The government does not want to extend the payment deadline beyond February because it fears that this would lead to the total tax burden on Greeks next year being too big.

New Democracy MPs said they asked Hardouvelis to examine the possibility of providing more installments for households who are having trouble paying.

It is expected that the government will next week submit to Parliament the amendment needed to be passed by MPs so the way ENFIA is levied can be changed.

ekathimerini.com , Friday August 22, 2014 (22:46)  
Judges´ report on Golden Dawn case expected next week
Karamanlis, Bakoyannis discuss ND´s future
Imia flyover sparks Turkish reaction
Greece set on path for collision with its lenders
Increase in minimum salary is left aside for now
The Labor Ministry’s new administration is preparing to take cautious steps in the context of broader planning for employment and enterprises, which will risk creating a shock in the domesti...
Decline in euro rate has exporters eyeing growth in 2015
A decline in the exchange rate of the euro against the US dollar, as well as other major currencies, is key if Greek enterprises, and their eurozone counterparts, are to regain a significant...
Inside Business
BASKETBALL
Panathinaikos preserves perfect home record
After yet another great performance at home, Panathinaikos defeated Galatasaray 86-77 in Athens on Friday to get to three wins in five games at the Euroleague top-16. The Greek champion shoo...
SOCCER
Gattuso: Unpaid OFI players couldn´t buy food
Former coach Gennaro Gattuso has lifted the lid on the plight of crisis-club OFI Crete which has been banned from playing in the Super League until it clears mounting debts with its staff. T...
Inside Sports
INTERVIEW
SYRIZA must come up with ‘pragmatic solutions,’ Schulz tells Kathimerini
“SYRIZA must realize that it is now the Greek government, not a party running an election campaign,” European Parliament President Martin Schulz, the first European official to visit Greece ...
COMMENTARY
Strange haste
The members of the new government must have a lot of confidence in themselves. Several days before announcing his program, Prime Minister Alexis Tsipras and his cabinet have opened up a mult...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Panathinaikos preserves perfect home record
2. Increase in minimum salary is left aside for now
3. Decline in euro rate has exporters eyeing growth in 2015
4. TAIPED is stripped of its management and most projects
5. Tourism to build on last year’s massive growth
6. HFSF portfolio sees its value diminish
more news
Today
This Week
1. SYRIZA must come up with ‘pragmatic solutions,’ Schulz tells Kathimerini
2. Why Greece went left while Europe turns to right
3. Capital flees Greece at fastest pace since 2011
4. Greek government's signals very mixed, ECB's Jazbec says
5. EU's Schulz: Greece should follow EU line on Russia
6. Monastiraki restaurant fire prompts panic, restricted before spread
Today
This Week
1. Greek Elections 2015 | LIVE
2. SYRIZA heads for historic victory but without majority
3. Greek Elections 2015 | LIVE
4. Greek Elections 2015: The day after | LIVE
5. SYRIZA's win will test institutions
6. Athens may veto further EU sanctions against Russia
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2015, H KAΘHMEPINH All Rights Reserved.