End of pretentious collection: for which enterprises and professionals is canceled from 2023

The Greek Ministry of Finance is making plans to cancel claim fee from 2023. Plans are thus being made for a package of tax incentives, which is expected to be implemented periodically and over a period of four years.

The package includes relief for employees to interfere with the tax scale and rates, as well as a reduction in business tax, a haircut for VAT rates, and the elimination of sham tax.

The fee for filing income declarations (pretentious fee) was introduced during the years of the memoranda and is charged when filing a tax return whether businesses made a profit or loss in the previous year.

The pretentious collection continues to weigh heavily on some 1,200,000 merchants, 200,000 small and medium-sized enterprises, and large ones, regardless of their annual turnover and profit. This memorandum tax absurdly burdens professionals with an amount of 650 euros per year, while for companies of any kind this the annual “tax” is 1000 euros.

According to exclusive information, the special tax was to be abolished from 2023 and was included in the initial speech by Prime Minister Kyriakos Mitsotakis at TIF. But due to a last-minute spike in fuel prices, it was decided to hold the full repeal and apply it only if any professionals or businesses continue to hire at least one.

The amount that would be missing from the state budget as a result of this cancellation was used to cover an additional subsidy for fuel oil. As for the schedule for the abolition of this particular tax, the information says: the government wants it to be done in the next 2-3 years, and the opposition wants it to be canceled here and now.

However, there is a possibility that if state revenues are better than budgeted, then the cancellation of the pretentious tax will come even earlier, that is, from this year’s revenues, which will be declared next year.

Source link