Independent Authority
Settling non-expired dues in 12 installments
A circular issued on Tuesday by the Independent Authority for Public Revenue offers taxpayers the chance to settle their dues to the tax authorities in up to 12 installments, be it for one non-expired income tax installment or their entire annual dues that would normally be paid in three tranches every two months.
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Authorities going after uninsured vehicles
The Finance Ministry and the Independent Authority for Public Revenue are moving ahead with the immediate launch of fresh inspections on uninsured vehicles in Greece, which number an estimated 600,000, the president of the Hellenic Association of Insurance Companies (EAEE), Dimitris Mazarakis, said on Tuesday.
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Confiscations fetch less cash than expected
The Independent Authority for Public Revenue last year ordered the confiscation of 1.72 million bank accounts, mainly of people with small debts to the state. Sources from the authority tell Kathimerini the wave of confiscations will grow further in 2018.
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State foreclosures to start on May 1
The Independent Authority for Public Revenue confirmed on Friday in a circular that property auctions for debts to the state will officially start on May 1.
The authority has decided that starting prices will be based on the commercial value of the asset to be auctioned, and that they will be determined by independent surveyors.
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Taxpayers unable to pay dues
Taxpayers' total overdue debts to the state soared to a record 101.8 billion euros at the end of December, in a clear indication that society's taxpaying capacity is at breaking point due to overtaxation.
In December alone, when 2018 road tax and an installment of the Single Property Tax (ENFIA) came due, new expired debts amounted to 1.3 billion euros.
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Payment scheme nightmare
More than 1 million Greeks are now trapped in programs to pay off their tax and social security dues in installments, a situation likely to continue for years to come.
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Taxpayers able to settle payments online in 12 installments
Taxpayers who want to spread out their payments to the tax authorities over 12 installments can now do so on the Taxisnet platform, as long as they are not overdue.
New receipt lottery next Tuesday
The Finance Ministry has scheduled its next receipt lottery for January 30.
The ministry's Independent Authority for Public Revenue announced the draw on Tuesday will concern the online transactions that took place in December 2017. This concerns payments via credit and debit cards and all forms of electronic payments.
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Reduction of tax fines on pre-2014 cases
Fines for tax violations dating from before 2014 are being reduced, according to a circular issued by the Independent Authority for Public Revenue, and this includes cases that are pending at the arbitration committee and administrative courts.
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Grand lottery of receipts on Sunday
The grand Christmas lottery for online transaction receipts will be drawn on Sunday, with the Finance Ministry set to distribute 10 million euros between 10,000 lucky taxpayers, who will receive 1,000 euros each.
From Saturday, taxpayers should be able to view the lottery numbers corresponding to their transactions receipts from the first nine months of the year and from November.
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