Small firms declare no profit

More than 43,000 single-owner enterprises will fall into the trap of the "presumptive income," on which they will be taxed for the year 2023 in the new manner that provides for a minimum taxable amount of 10,920 euros, which could reach up to €14,196. However, two more parameters will be activated for the above businesses: payroll and turnover.

According to statistics made available to Kathimerini by the Independent Authority for Public Revenue (AADE) and the Ministry of National Economy and Finance, of the 43,178 sole-owner enterprises, just over half (22,766) declared losses for the year 2022, 16,445 showed a profit, while 3,967 companies have not filled in the codes of profits or losses.

Among those who declared profits there are sole proprietorships with gross revenues of €1 million and profits of only €10,000. The evolution of the figures (gross revenues and...