Monday Jul 28, 2014 Search
Weather | Athens
31o C
23o 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)  
Musical chairs at ECB leaves Germany on guard for doves attack
Minister mulls fixing food and drink prices at non-private beaches
Multi-bill containing prior actions ready for Parliament
Euro inflation seen testing ECB patience as stimulus takes time
Samaras vows to stand by Cyprus in reunification talks
Prime Minister Antonis Samaras has vowed to stand by the Cypriot government in its reunification talks with Turkish-Cypriots after meeting President Nicos Anastasiades in Athens on Monday. ...
Tree collapses in village square, killing nine-year-old boy
A nine-year-old boy has been killed in a village in central Greece after a plane tree collapsed on top of him. The accident happened on Sunday night in the central square of a village called...
Inside News
VOLLEYBALL
Volleyball national team second in European League
Much as the national volleyball team tried to repeat in the finals of the European League the feat it had achieved in the semifinals, it failed to overturn the advantage Montenegro had got f...
SOCCER
Ranieri says he has little to change in Greek national team
The Hellenic Football Federation (EPO) presented Claudio Ranieri as the new Greece coach for the next couple of years, after the Italian manager signed his contract in Athens on Friday. I l...
Inside Sports
COMMENTARY
Weighing all the factors
Certain people in the know continue to believe that snap elections will take place in the fall. Prime Minister Antonis Samaras is obviously aware of this trend, which is why he told Parliame...
EDITORIAL
Clear rules, for everyone
If we want to deal with the economic crisis, we need clear rules. A large number of individuals and businesses have amassed huge debts they cannot service. And some worrying symptoms have al...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Musical chairs at ECB leaves Germany on guard for doves attack
2. Samaras vows to stand by Cyprus in reunification talks
3. Minister mulls fixing food and drink prices at non-private beaches
4. Multi-bill containing prior actions ready for Parliament
5. Tree collapses in village square, killing nine-year-old boy
6. Samaras to meet Cypriot President Anastasiades in Athens
more news
Today
This Week
1. Defense Minister Avramopoulos to represent Greece at European Commission
2. Euro inflation seen testing ECB patience as stimulus takes time
3. Tree collapses in village square, killing nine-year-old boy
4. Multi-bill containing prior actions ready for Parliament
5. Maziotis moved to Diavata Prison in Thessaloniki
6. Samaras to meet Cypriot President Anastasiades in Athens
Today
This Week
1. Climber dies in Mount Olympus fall
2. Greek sovereign debt at 174.1 percent of GDP in first quarter
3. Unequal after death
4. Hedge fund Dromeus turns Greek tragedy to triumph with 160 pct gain
5. Quadriplegic woman on life support 'dies due to unpaid power bills'
6. Front-line threats
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2014, H KAΘHMEPINH All Rights Reserved.