Tax refund

The tax authorities will next year process the declarations of 1.4 million taxpayers by early April at the latest, in order for taxpayers not to miss the maximum deduction in the case of a one-off payment of the tax.

A new era is dawning for taxpayers’ relations with the Inland Revenue following the organizational transformation of the tax administration, which is being “run” by the ADEA and which puts an end to the DOUs replaced by the KEFODE, the KEFOK, the KEBIS, and the YFIs.

On the battle against tax evasion on the occasion of the audit of a party at a villa in Mykonos, the tax returns and the reactions of taxi drivers to the interconnection with POS spoke to ERT, Giorgos Pitsilis.

Regarding the private tax evasion party identified by the ADEA, Pitsilis said it was a “private party in which no tax legality was observed”.

With the deadline for filing tax returns set to expire in 24 hours, following an extension granted by the Treasury Department, accountants and tax professionals are scrambling to get their remaining income tax returns filed on time.

A retiree was informed that his tax return (as he had chosen) had automatically been filed and that he would have to pay income tax of €9,809, an amount apparently not attributable to his income. What had happened? Because of purchases he made last year he got caught in the tax pinch, he left the pre-filled return to be filed and when he saw the statement he couldn’t believe his eyes.

A record pace of tax filings by individuals this year.

The government is planning incentives for taxpayers who are consistent in their tax obligations and those who have included their arrears in debt settlement and repay them without delay. These bonuses are expected to be activated from 2025.

Although the process of automatic finalization of pre-completed tax returns may have been completed and the relevant statements issued, taxpayers who find errors in the tax calculation have until July 26 to file amended retur

First introduction for the income tax returns to be issued without taxpayers having filed their tax returns!

Express tax refund for professionals and businesses