The Independent Inland Revenue Authority “scans” social media accounts used by “influencers” daily to see if the posts they make are related to commercial activity and, most importantly, if the money they receive shows up in their bank accounts and of course if they are recorded in their annual tax returns. Especially in the case … Read more
Taxpayers who admit to concealing income and other tax violations identified by the tax audit mechanism will have the opportunity to close open accounts with the tax office, earning a 25% to 50% reduction in fines. With the new permanent out-of-court settlement process which is activated from October 1, 2024, those who find themselves with … Read more
Analysis of tax return data again shows that the majority of freelancers report losses or meager incomes. Those who appear by far the poorest for the Tax Office are the owners of bars and hair salons, followed by restaurateurs and those who run car repair shops. On the contrary, the situation seems to be better … Read more
Citizens should hurry to settle the open “accounts” they have with the municipalities. From September 1st even an unpaid summons from the Municipal Police for illegal parking will automatically block the issuance of the tax notice. On Sunday, AADE’s new interoperability service for issuing tax information is activated. Tax awareness This means that the tax … Read more
The open accounts they have with the tax authorities should be closed by the end of the year by thousands of taxpayers by submitting an initial or amending tax return, without the threat of fines. They belong to this category employees and pensioners who in 2023 received retrospectively amounts of wages and pensions, those who … Read more
With an organized operation, carried out simultaneously in three ports of Santorini, the auditors of the Independent Public Revenue Authority detected and established tax evasion on the spot by boats that carry out hundreds of daily cruises every day, transporting thousands of tourists to the caldera. Use of information The auditors used information and evidence, … Read more
Real estate in the spotlight The government wants to create “special forces” in tax services, coordinating its specialized services. However, what I’m learning is that the next few months will come under fire as it relates to real estate. From buying and selling to leasing. Artificial intelligence It is known that the tax authorities were … Read more
Thousands of taxpayers will face the tax authorities in the coming days, as they will have to fulfill a series of obligations, which are “current”. It is characteristic that until August 30 property owners will be asked to pay the 5th installment of ENFIA, by the same day the 2nd installment of income tax should … Read more
From September, doctors, car workshops, parking and vehicle rental companies, gyms, hotels, event and excursion organizers will be obliged to keep a digital customer list. This is an AADE accounting program that will be open during the operation of the professional facility and will be interconnected with Taxis, so that the data cannot be hacked … Read more
Big changes are coming from January 1, 2025 for one million freelancers and businesses, with the exclusive use of data in myDATA. The main difference compared to what we knew until now is that now the taxation and completion of the VAT declarations will be based exclusively on the data (income and expenses) transmitted to … Read more