Independent Authority for Public Revenue

The major increase in property transfers recorded in 2022 continued in 2023 too, following years of stagnation due to the pandemic and the energy crisis.

According to data from the Independent Authority for Public Revenue, transfers posted a new record last year, mainly thanks to the major interest by foreign investors.

Whether in recession or growth, or with bailouts and pandemics, thousands of professionals and single-owner companies declare zero profits or losses for years: About 36.4% of sole proprietorships and 27.8% of professionals have declared zero profits or losses for at least five years.

The Independent Authority for Public Revenue is proceeding with the automatic issuance of Tax Registration Numbers (AFM) to dependent children over the age of 12, while in a second phase AFMs will be granted to all minors from the age of 12 months (as they will have to be declared by the parents in the tax return).

Foreign citizens and Greeks living abroad will be able to pay any tax obligations with credit and debit cards issued by foreign banks from late 2023. The Independent Authority for Public Revenue has already started the tender and soon the contractor of the project will be decided, so that by the end of 2023 those holding foreign cards will be able to make payments to the state.

Corporations and self-employed professionals have until February 22 to declare their interest in the sixth phase of the cheap state loans program on the Independent Authority for Public Revenue's online platform myBusinessSupport.

The payment of the fifth stage of the cheap state loans program known as the "Deposit To Be Returned" will begin on Monday, January 25, 10 days after the deadline for application submissions this Friday.

The Finance Ministry has decided to postpone the deadline for the submission of online applications for the heating subsidy until next Monday, January 18.

As of this year, the subsidy not only concerns heating oil but also natural gas, pellets and even firewood for some remote areas.

The system of "tekmiria" - i.e. the use of taxpayers' assets by the tax administration for the establishment of their actual income level - may well turn into a trap for thousands of taxpayers who could miss out on the suspension of the solidarity levy planned from January 2021.

Two weeks before the deadline for the submission of income tax declarations on June 30, some 4 million taxpayers have not yet uploaded their statements for last year's income, which makes a deadline extension increasingly likely.

Employers seeking to secure state subsidies for some or all of their staff through the new Syn-Ergasia mechanism launched on Monday will need to submit two applications with very tight deadlines.