The Greek Ministry of Economy and Finance has introduced key changes in a new tax bill, including a tax-free allowance for tips, the abolition of the entrepreneurial tax for freelancers from 2025, and a revised tax return schedule with discounts. Reforms to the Independent Authority for Public Revenues (AADE) are also included, allowing for the potential renewal of the governor's term.
Tag: tax returns
A recent analysis shows 60% of Greek bar and hair salon owners are reporting financial losses, with average monthly incomes of €1,154 and €358, respectively. In contrast, plumbers, dentists, and taxi drivers reported better financial results, with higher profit rates. The new presumed income taxation system aims to address these financial discrepancies among freelancers.
For the first time in nine years, Greek taxpayers have filed their income tax returns within the deadline, the Independent Authority for Public Revenue (AADE) reported on Monday. From April 25 to August 2, a record 6.54 million individuals submitted their tax declarations, averaging 65,439 filings per day.
Greece’s Finance Minister released new figures on Monday revealing the Greek State Budget showed a…
Greece’s Finance Ministry announced on Thursday that the state budget recorded a primary surplus of…