ECONOMY

Deadline extended for tax declarations

While tax officers continue on Friday a 48-hour strike launched on Thursday, the Finance Ministry has granted a two-month extension to this Sunday’s deadline for the electronic submission of income tax declarations for the 2012 financial year.

The ministry has opted for staggered deadlines depending on the last digit of each taxpayer’s tax registration number (AFM).

Therefore the ministry is asking for people whose AFM ends with the number 1 or 2 to submit their declarations via the TAXISNET system of the ministry’s website (www.gsis.gr) by July 22. Taxpayers with an AFM ending in 3 or 4 have a July 29 deadline, those that end 5 and 6 must submit declarations by August 5, those ending in 7 and 8 by August 12, those in 9 by August 26, and those in 0 by August 30.

It must be noted that all declarations submitted before August 30 will be considered to be on time, but the ministry has set staggered deadlines in order to avoid a system failure in the last days of August.

However, while taxpayers who submit their declarations by end-July will be able to pay their tax in three installments, those who send them in August will only be able to do so in two.

So far, no more than 500,000 taxpayers out of a total of 6.5 million have submitted their declarations for 2012.