After the proposal for a legislation to cope with accuracy, the official opposition tabled a brand new proposal for a tax legislation, which gives for diminished tax charges for incomes as much as 100,000 euros, abolition of the presumptive taxation of freelancers established by Kostis Hatzidakis and a progressive discount of the ENFIA relying on property values.
With the draft legislation, he additionally proposes the abolition of the self-employment payment for freelancers.
In relation to ENFIA, reductions of 60%, 50%, 40%, 35% and 30% are proposed in goal property values as much as 60,000 euros, as much as 100,000 euros, as much as 150,000 euros, 200,000 euros and 500,000 euros staggered and respectively. On the identical time, a supplementary ENFIA of Giant Immovable Property is imposed, i.e. for properties with an goal worth of greater than 400,000 euros. It issues a transitional measure till the gradual abolition of ENFIA, which is the crown of the annoying measures of the memorandum interval.
As said within the explanatory assertion of the proposed legislation, the aim is to stimulate the disposable earnings and buying energy of households in addition to to cut back the monetary burden of nearly all of small and medium-sized companies after the successive exterior crises that multiplied and lasted for a very long time in our nation from the federal government’s indifference to the struggle towards profiteering and making certain equal working situations for companies.
The provisions of the proposed legislation emphasize that every one incomes of pure individuals, besides earnings from actual property (rents), are taxed on the identical scale, which is expanded extra proportionally and turns into extra progressive, i.e. fairer. Lowered tax charges are assured for incomes as much as 100,000 euros and an equalized fee for incomes as much as 200,000 euros. Extra earnings is topic to progressively elevated charges of as much as 5% over the prevailing tax scale.
A 5% discount within the taxation fee of 98% of companies with income of as much as 220,000 euros can be foreseen and a parallel cost of two% within the fee of the most important companies.
On the identical time, it’s proposed to abolish the advance fee of earnings tax for pure and authorized individuals, whereas a tax-free earnings of a minimum of 10,000 euros is established for workers, pensioners, professionals, scientists and the self-employed.
The presumptive earnings imposed by the federal government on freelancers and the self-employed is abolished, together with the abolition of the pretense tax that issues them.
A brand new introductory fee of impartial taxation of earnings from actual property (rents) is proposed, diminished by 10% from the present fee (from 15% to five%), for incomes as much as 12,000 euros.
Lowered worker and employer contributions are proposed with a progressive discount of 4.5% over the following 4 years break up equally between employers and staff, aid which can end in a major discount in employer prices of over 2%.
From the brand new progressive earnings scale for Pure Individuals and the discount of contributions, there’s a profit in earnings from salaries and pensions, these advantages will vary from 75% to 200% of a wage or a pension for the complete perimeter of the beneficiaries.
Freelancers and self-employed folks have a aid of a minimum of 900 euros from the brand new tax-free restrict and 325 euros from the abolition of the self-employment payment.
The complete proposal of the SYRIZA tax legislation
The Draft Regulation entitled: “For a steady, progressive and honest taxation of incomes of natural-legal individuals and property possession. Reduction of contributions by strengthening the buying energy, the disposable incomes of all households and the working capital of companies, in the midst of actual convergence of dwelling requirements and enterprise situations to the common ranges of the European Union” consists of, amongst different issues, the next:
Article 1:
New tax charges for all private earnings (salaries, pensions, agricultural earnings, self-employed, enterprise earnings, capital positive aspects).
Revenue (Salaries, Pensions, Enterprise Exercise, capital and goodwill) in euros
Coefficient %
Article 2 – 3:
Tax-free restrict as much as 10,000 for pure individuals in single-person households and for pure individuals who’ve earnings from enterprise exercise (self-employed, freelancers and scientists).
Article 4:
Important discount of ENFIA for five.8 million taxpayers, specifically:
– 30% along with the present discount (60% as an alternative of 30%) in belongings value as much as 60 thousand euros for 59% of taxpayers (3.48 million folks)
2- 0% along with the present discount (50% as an alternative of 30%) in relation to 2018) in properties value 60-100 thousand euros for 17.8% of taxpayers (1.050 million folks)
– 15% along with the present discount (40% as an alternative of 25%) in belongings value as much as 100-150 thousand euros for the ten% taxpayers (588 thousand folks)
– 15% along with the present discount (35% as an alternative of 20%) in belongings value as much as 150-200 thousand euros (4.8% of the overall or 281 thousand folks)
– 15% and 10% of the present discount (30% as an alternative of 15% and 10%) in relation to 2018) in properties value 200-500 thousand (about 6.7% of the overall or about 393 thousand folks)
Article 5:
Institution of a supplementary ENFIA for Giant Actual Property.
Article 6:
Discount of the company revenue tax fee from 22% to 17% for income as much as €220,000, whereas for company income larger than €220,000, a company revenue tax fee equal to 24% can be utilized. The regulation eases the tax burden on the overwhelming majority of companies (97%) working within the nation, enhancing the competitiveness and viability of small and medium-sized companies.
Article 7 & 8:
Abolition of advance tax for pure and authorized individuals.
Article 9:
Discount of the enter tax fee for rental earnings as much as €12,000 from the present 15% to five%.
Article 10:
Abolition of the non-public dividend tax fee from the present 5% and integration of dividend earnings into the progressive wage and pension tax scale.
Article 11:
Capital positive aspects tax included within the progressive earnings scale.
Article 12:
Regulation of the quantity and technique of rendering withholding taxes on dividends by altering the taxation regime.
Article 13:
Abolition of presumptive taxation of freelancers and the self-employed.
Article 14:
Discount of the insurance coverage contributions of personal sector staff by 4.5 share factors, that are divided equally between the employer and the worker.
Article 15:
Abolition of the self-employment tax for self-employed and self-employed individuals
#SYRIZA #legislation #proposal #tax #Abolition #presumptive #taxation #freelancers #Shock #measures #ENFIA
