Monday May 25, 2015 Search
Weather | Athens
14o C
09o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
New property tax in the mail

Ownership of even a small plot of farmland will add to the owners tax burden this year.

By Prokopis Hatzinikolaou

The first payment notices for the new Single Property Ownership Tax will start dropping into the letterboxes of about 5 million owners next month. It will be payable in six monthly tranches.

The first installment of the tax to replace the previous FAP levy and the special property tax tagged on to electricity bills will have to be paid by July 31. The other five are set for the months to follow, ending with the last one that will have to be paid by December 31, 2014.

The new tax will apply for farmland and legitimized buildings for the first time, although agricultural and farm buildings will be exempt.

The majority of people who own buildings will now pay less than has been the case in the last three years. However, those who own even a small plot of farmland, who to date have been exempt from paying, will now have to pay property tax to the state.

Any property owners whose asset status has changed will have to submit the E9 electronic form for their Single Property Ownership Tax to be calculated. Submission should be conducted electronically by the taxpayer himself and it is only in cases where the owner has died that the form can be submitted in handwriting by others to the responsible tax office official. Changes between January 1 and May 31 must be submitted by June 30.

The constant updating of the E9 database will begin as of July 1. The deadline for the submission of updated details on property ownership will be within 30 days of the date of the asset change.

Owners of properties with an objective value of over 300,000 euros will also have to pay the Supplementary Tax, ranging from 0.1 to 1 percent of the value.

ekathimerini.com , Thursday May 15, 2014 (22:38)  
VAT adjustment is the way forward
Tender for Thriasio freight center to restart next month
Banks fear NPL sum will reach 100 bln euros
Socar has found a way to opt out of the DESFA deal
Varoufakis slams media over Riga Eurogroup reporting
Greek Finance Minister Yanis Varoufakis on Sunday admitted he had recorded a euro zone finance ministers meeting and criticised media for reporting lies and innuendos on what transpired at...
Greeks back governments red lines, but want to keep euro
Cash-strapped Greeks remain supportive of the leftist government's tough negotiating style, according to a new poll published Sunday, but hope for a deal with creditors that will keep the eu...
Inside News
SOCCER
Berg brace gives Panathinaikos four-point lead
Panathinaikos beat Atromitos on Sunday and took advantage of the goalless draw between PAOK and Asteras Tripolis to open a four-point gap from PAOK at the top of the Super League play-off mi...
SOCCER
Reds add Cup to league trophy with 3-1 win over Xanthi
Olympiakos completed a league-and-cup double on Saturday by beating Xanthi 3-1 in the Greek Cup final at the Olympic Stadium of Athens, that was more balanced than the final score suggests. ...
Inside Sports
COMMENTARY
The good news and the bad
The good news is that a Greek default will most likely be prevented, a deal will be reached with the countrys creditors and an extension will be granted for negotiations over the next bailo...
EDITORIAL
Geopolitical threats
Greece needs to extricate itself from this crisis fast and get back on its feet, not least because the geopolitical climate is becoming increasingly stormy. The Balkan region is re-entering ...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Berg brace gives Panathinaikos four-point lead
2. VAT adjustment is the way forward
3. Tender for Thriasio freight center to restart next month
4. Varoufakis slams media over Riga Eurogroup reporting
5. Banks fear NPL sum will reach 100 bln euros
6. Socar has found a way to opt out of the DESFA deal
more news
Today
This Week
1. Greeks back government's red lines, but want to keep euro
2. Greece does not have the money to make June IMF repayment, warns interior minister
3. The good news and the bad
4. SYRIZA seeks new relationship with police
5. Solving islands' water problems would take 66.4 mln euros, study finds
6. Geopolitical threats
Today
This Week
1. The Greek-German breakthrough that didnt come
2. Conspiracy madness
3. Greece came close to not paying IMF
4. National self-awareness put to the test
5. Albanian demarche raises concerns about possible territorial claims over Greece
6. Greek endgame nears for Tsipras as bank collateral hits buffers
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2015, H KAΘHMEPINH All Rights Reserved.