At a time when the presumptions threaten 1 in 4 taxpayers with additional taxes, there are codes within the tax declarations that may “erase” the tax burdens.
Taxpayers who’re confronted with the nightmare of presumptions and need to keep away from paying additional tax can declare revenue, loans obtained, lump sums, allowances to keep away from the presumptions.
The tax returns
In codes 787-788, the quantity of the capital that the taxpayers have from financial savings of earlier (ongoing) years, which they declare that they spent in 2023, is stuffed in, so long as they show that these incomes had been taxed or exempted from tax legally.
The truth is, they’ll declare revenue they’d 10, 20 and even 30 years in the past.
Notably:
1. Precise incomes earned in 2023 by taxpayers. Such revenue is taken into account severance pay, unemployment advantages, curiosity on financial institution deposits, and so on.
2. The revenue obtained by the taxpayers within the earlier 12 months from the sale of their belongings. As revenue from the sale of belongings, the quantities obtained by the taxpayer from the sale of actual property, automobiles, movable issues of nice worth, and so on. are taken under consideration. From the sale value obtained inside 2023 is deducted the price of acquisition, i.e. the worth paid in some earlier 12 months to buy the asset.
3. Quantities of cash they imported into Greece, both in euros or in international forex if their acquisition overseas is justified.
4. Quantities obtained in 2023 from both donations or parental advantages. To ensure that the taxpayer to show that he obtained such quantities inside 2023, he ought to have at his disposal (in order that if crucial he can current to the tax authorities) a related certificates from the competent head of the DOY from which it seems that the donation or parental profit was made earlier than 31 December 2022.
5. Quantities of cash that aren’t thought of revenue in keeping with the provisions in power and bought inside 2023 by the taxpayers. Particularly, they’ll invoke the lump sum that the taxpayers obtained as retirees, or the compensation they obtained from their insurance coverage firm, and so on.
6. Loans obtained by taxpayers inside 2023 from banks, family members or third events. The conclusion of a mortgage is evidenced by a notarial or non-public doc that has been stamped and has a sure date for the conclusion of the mortgage. The date should present that the mortgage was obtained inside 2023 and earlier than the asset buy expense to be justified was incurred.
7. Winnings from lotteries, PPO-PO, LOTTO, TZOKEP, Mounted Wager, and so on. OPAP video games of probability.
8. Earnings of previous monetary years. That is the “consumption of capital of previous years” with which it may well cowl any further distinction in taxable revenue that has arisen because of the software of the presumptions, citing revenue and revenues declared even 10, 20 or much more years in the past, in the event that they existed.
For instance a taxpayer who in 2023 had an actual revenue of 18,000 euros and imputed dwelling bills and acquisition of belongings of 23,000 euros, can look again and declare revenue, which covers the quantity of 5,000 euros, which is a distinction between actual and imputed revenue. A fundamental situation is that, within the earlier years, there have been declared incomes, adequate to cowl the presumed bills.
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