Taxation in the Republic of Ireland

The multi-bill that the Finance Ministry tabled at midnight on Monday is aimed at containing value-added tax evasion - which amounts to 6.5 billion euros per annum - through tax-related incentives for electronic transactions, and at making taxpayers reveal any hidden incomes.

Road tax is set to decrease for owners of used cars that were first registered in another European Union country, according to a Finance Ministry circular issued on Thursday.

For instance, a 1.6L car registered in Greece in 2004, after its first registration in France in 2000, will pay road tax of 250 euros for 2017, against 265 euros in 2016.

Taxpayers are rushing to meet their obligations on the last few days of 2015 so as not to start the new year with debts and tax fines. Huge lines are noted at tax offices around the country in a frantic rush to tie up loose ends.

Thousands of Greek households are to be negatively affected when the new tax reforms are implemented by the government, with the first rush of panic already felt by taxpayers as well as the relevant services of the General Secretariat of Public Revenue. From Tuesday until October 30, it will be raining changes as demands for money to line state coffers grow.