May 2, 2024

Athens News

News in English from Greece

Tax returns for… "autopilot" for a million taxpayers


From this year for 1,000,000 employees and pensioners, having income exclusively from wages and pensionsfiling tax returns will be extremely simplified.

Reportedly, the measure concerning workers and pensioners with a fixed income (salary-pension) provides for:

  1. automatic submission of tax returns to the tax office;
  2. automatic filing of tax returns by tax authorities.

According to the Ministry of Finance, the platform for filing tax returns for this year will open at the end of March. By that time, a legislative provision for automatic filing of tax returns for workers and pensioners will be adopted, which, according to one of the competent officials, will put an end to the string of extensions that occur every year.

However, changes are coming to the new tax forms: codes will be added to them, mainly relating to freelancers and self-employed people, whose income will be calculated according to the new conditional-in-kind system.

The payment schedule for those who received a debit statement will remain the same. The tax can be paid either once with a 3% discount until the end of July, or in 8 equal monthly payments, the first of which is at the end of July and the last at the end of February 2025.

“Blocked” VAT returns: To make it easier for businesses to meet their tax obligations and ensure compliance with relevant obligations, the amounts on the VAT returns of those responsible are now pre-populated. As it became known, this measure:

  1. Applies to VAT returns from 1/1/2024 onwards.
  2. First, preliminary preparation is carried out based on the data in “mydata” and the accounting classification, and then you submit the VAT return.
  3. Compared to “mydata” there is the possibility of adjustment (reduction of income – increase in expenses) of up to 30%.
  4. It is possible to file a return with lower expenses or higher income than in “mydata”.
  5. In the case of adjusting income, an alternative method of pre-filling with document type 11.4 is allowed, and for adjusting expenses – 14.30.



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