Stricter rules for self-employed

The government announced on Tuesday that as of this year self-employed professionals will be presumed to earn a minimum of 10,920 euros, which under certain conditions will reach €50,000, and will be taxed accordingly through the declarations to be submitted in 2024.

Minister of National Economy and Finance Kostis Hatzidakis and his deputy, Harry Theoharis, stated that this is a fair system of taxation of the self-employed in the spirit of corresponding regulations that apply in advanced EU countries.The new system has as its reference point the minimum salary, considering that a self-employed person cannot have an income lower than an employee paid the minimum wage, while providing for a more favorable status for young professionals for the first five years of their activity, the disabled and inhabitants of small islands and settlements.

With the changes, around 473...