PROKOPIS HATZINIKOLAOU

POS throughout the economy

The government is proceeding with the expansion of card terminals (POS) in 35 sectors of the Greek economy from January 1, 2024.

Chance of 34% haircut on taxes and fines

The National Economy and Finance Ministry is giving taxpayers who want to close any tax cases pending in the courts with favorable terms and summary procedures the chance to do so, by extending the operation of the out-of-court resolution committee for tax disputes.

30.11.2023 / 10:50

Penalties foreseen for paying cash for realty

As of January 1, 2024, any property buyer insisting on paying for a realty asset in cash will face a fine of up to 500,000 euros and the cancellation of the contract.

29.11.2023 / 20:12

Professional fee is halved

The draft law on the taxation of self-employed professionals is being submitted to Parliament with small but essential corrections.

28.11.2023 / 21:15

New tax bill heads to Parliament

A new tax bill will be submitted to Parliament on Wednesday night that changes the way professionals, the self-employed and sole proprietorships are taxed by introducing a presumptive method, where the minimum amount to be taxed is not less than 10,920 euros.

27.11.2023 / 13:47

Short-term rental fee growth

Revenues from the accommodation tax imposed on hotels, rooms for rent and short-term rentals are increasing, according to the 2024 budget.

25.11.2023 / 12:47

Taxpayers report POS software tampering

Taxpayers are proving to be the best allies of the tax authorities in the effort to limit tax evasion. Therefore through Appodixi, the app that scans receipts issued by retail stores, a particularly interesting case of tampering and illegal software came to light.

24.11.2023 / 12:40

Probing tax residents abroad

The tax administration is examining the taxpayers who, although they have declared their permanent residence outside Greece, live and work in the country.

23.11.2023 / 07:45

Tax exemptions have soared

Tax exemptions increased to 15.5 billion euros this year from €12.88 billion in the previous year, according to details on tax expenditures submitted to Parliament together with the budget.

22.11.2023 / 22:59

Their first raise after 14 years

Benefits and handouts amounting to 1.6 billion euros, which reach €2 billion with the permanence or extension of reduced value-added tax rates, are included in the 2024 budget.

20.11.2023 / 20:39

Gov’t insists on presumed income rules

The new tax bill is expected to be submitted to Parliament at the end of the month without any substantial changes

18.11.2023 / 16:40

Hefty fines for those who do not update myDATA

The new tax bill submitted in Parliament provides for exceptionally high fines for professionals and enterprises who do not send (or do not do so in time) the receipts they issue.

17.11.2023 / 07:48

Property rate adjustments set for 2025

The next adjustment of property rates used for tax purposes, known as “objective values,” will take place in 2025 with a new automated assessment system.

15.11.2023 / 22:26

Taxation boost for construction

The tax bill that was submitted to public consultation on Tuesday renders permanent the tax deduction for real estate renovations.

15.11.2023 / 20:12

New exemptions in tax bill

New exceptions, after those announced 15 days ago, are being introduced to the presumptive way of determining incomes for the self-employed and for small enterprises.