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AADE

Which taxes are paid on time – 2024-08-08 11:19:16

by Chief editor of world-today-news.com August 8, 2024

written by Chief editor of world-today-news.com

Tax compliance rates are high as taxpayers, despite continued accuracy, pay more than 8 out of 10 euros of total VAT, income tax and ENFIA debts on time.

The data of AADE show that the collection of the most basic taxes (VAT, income tax of natural and legal persons and ENFIA) reached 81.88% in the first five months of the year.

More consistent in their payments appear Businesses as they pay without delay 9 out of 10 euros of it income tax and its repayment follows VAT with the collection rate reaching 81%.

The lowest performers are natural persons who pay 75.4% of income tax on time as thousands of households find refuge in the fixed arrangement and the 24 installments to catch their breath.

The data of AADE

In more detail, the following conclusions for the period January – May 2024 emerge from the AADE data for tax compliance by tax category:

VAT: Of the 7.378 billion 5.973 billion euros were collected, i.e. the compliance rate was 80.96%.
Business income tax: Of the 1.968 billion euros, 1.788.07 billion euros were paid on time, which means that the rate of on-time payment of corporate income tax is 90.83%.
Personal income tax: Collectability in this category has picked up speed compared to previous years. The tax compliance rate reached 75.4% in the first five months of the year as taxpayers paid on time 806.84 million euros out of a total of 1.07 billion. euros that had been confirmed and should have been paid during the specific period.
Real estate tax: Collectability reached 77.46% as of the 884.70 million euros that had been confirmed, 685.32 million euros were paid. It is noted that taxpayers started paying the installments of this year’s ENFIA bill from April. The data shows that in April the collectability of ENFIA was 68.37% to rise to 77.15% in May.

Source: ot.gr

#taxes #paid #time

August 8, 2024 0 comments

Business

Digital scanner will “fight” illegal vehicles – 2024-08-03 12:10:38

by Chief editor of world-today-news.com August 3, 2024

written by Chief editor of world-today-news.com

Safaris to detect vehicles that have been put in a state of immobility but are circulating on the roads are being prepared to be launched by the AADE inspectors from September by setting up roadblocks at toll roads, national roads and ports by employing special license plate scanners.

With the portable scanners, the inspectors will be able to locate on the spot the vehicles circulating on the roads which have been declared to AADE as being stationary, but also the vehicles that will be found parked in a different place from the one it had declared in the declaration of immovable property.

Violators will face a fine of €10,000 on top of their road tax and non-payment fine. If the offense is repeated within five years, the fine is tripled and the driver’s license of the owner or possessor of the vehicle is revoked for 3 years.

The administrative fine is imposed on the owner or owner of the vehicle and, in the case of co-owners, to the co-owner who initially submitted the request to immobilize the vehicle.

The fine is imposed by the A.A.D.E and against the act of imposing the present fine an appeal is allowed in accordance with the Code of Administrative Procedure. For the removal of the diploma, the competent Service of the Ministry of Infrastructure and Transport is informed.

The tax and customs services of AADE are defined as the bodies responsible for carrying out the audit. The control may be carried out following the issuance of a control order or following electronic cross-checks by the AADE by extracting data from the highway concessionaires. Control devices can detect vehicles that, while declared stationary, are found to be in motion or have been in motion, through a special mobile device application for license plate scanning.

Definite inactivity

Vehicles over 40 years old automatically enter a state of permanent inactivity for which either the owner does not take any updating actions within three months of the relevant notification or they belong to deceased persons who, for the period of the last 15 years, have not been cumulatively settled, in terms of the payment of the corresponding traffic or use fees or, when provided for, in terms of the annual review of their traffic license, the insurance obligation and the performance of a Vehicle Technical Control Center (K.T.E.O.) inspection.

Self-imposed decommissioning takes place without prior notice to owners, co-owners or holders if the vehicle does not appear on their tax returns for the previous 5 tax years.

Vehicles that are detected in a state of temporary inactivity at more than 3 consecutive electronic intersections, automatically enter a state of permanent inactivity at the fourth intersection.

Source: ot.gr

#Digital #scanner #fight #illegal #vehicles

August 3, 2024 0 comments

Business

AADE: Over 4 million Greeks owe 3.4 billion euros to the tax office – 2024-08-03 02:05:29

by Chief editor of world-today-news.com August 3, 2024

written by Chief editor of world-today-news.com

They amounted to 3.433 billion euros outstanding debts to the public in May, according to the data released today by the Independent Public Revenue Authority (AADE), against 2.813 billion euros, in the same period last year, registering an increase of 22%, or about 500 million euros.

Especially for the month May the new maturity reached 508 million euros, while last year in the same period it was 362 million, registering an increase of 40.3%.

The actual outstanding balance in May 2024 stands at €80.8 billion, with around €26.32 billion classified as uncollectible.

In relation to the corresponding period of 2023, the number of debtors shows 5% reduction (4,253,031 number of debtors in May 2024 against 4,471,762 in 2023).

AADE: Over 4 million Greeks owe 3.4 billion euros to the tax office
– 2024-08-03 02:05:29

Collections against a new due date (except 10 MFC):

For the reference month (May) the total collections against new maturity (excluding 10 MFCs) reached €265 million, while in the corresponding period of 2023 they reached €171 million (an increase of 54.9%).

93% come from the following categories:

Source: ot.gr

#AADE #million #Greeks #owe #billion #euros #tax #office

August 3, 2024 0 comments

Business

Tax Office: The system that fights tax evaders – What “fished” – 2024-07-31 09:31:47

by Chief editor of world-today-news.com July 31, 2024

written by Chief editor of world-today-news.com

AADE has been using a new digital system for automated control and detection of unjustified increases in taxpayer property since the beginning of the year and has brought significant results so far.

A bell has rung for 1,100 natural persons as the incomes they declare to the Tax Office do not justify the amount of deposits or investment accounts they have in banks. The next step for the auditing authorities is to call on these taxpayers to justify the large difference between their declared incomes and their deposits and if they can’t, impose taxes, penalties and surcharges on them.

This is the mechanism of the Automated Control of Asset Addition that enables the control authorities to receive data and information from credit institutions on the amount of deposits, investment accounts, credit and prepaid cards, bank safes and electronic wallets very quickly. for controlled natural persons. This information is then compared with the tax returns in order to establish whether the amount of their wealth and living expenses are justified by the income they declare to the tax office.

If they are not justified then a 33% tax is imposed on the difference and additional penalties, surcharges and a special solidarity levy resulting in the final burden exceeding 50%.

Digital wallets are also in the spotlight

The aim of the auditing authorities is to intensify the controls in the next period through the new mechanism which proves to be particularly effective in the fight against tax evasion.

In addition to the development of deposits of natural persons, the focus of the audits will be electronic wallets and Paypal-type services that register a strong growth trend in digital payment methods

The data sent to the new system by banking and financial institutions are:

Deposits
Grants of loans
Investment accounts from all kinds of portfolios of investment products and securities (mutual funds, bonds, shares, derivatives, Repos).
Credit cards
ATMs
Payment Accounts
Prepaid Cards
Electronic wallets

It is noted that, based on the law, if the Tax Office detects an amount in a bank account with an unknown source of origin, as it is not justified by any source of the taxpayer’s income, then it automatically qualifies it as an “increase in property”.

The taxpayer, if summoned by the Tax Office, bears the burden of proof of the source or cause of origin. In the event that the evidence is not satisfactory, any increase in the property is characterized and taxed as income from liberal professions, at a rate of 33% plus fines and surcharges and the imposition of a special solidarity levy.

In any case, it is pointed out that an increase in assets resulting from the control of bank accounts must be sufficiently documented, since withdrawals or deposits may concern transactions and movements that do not necessarily constitute taxable income.

Source: RES-MPE

#Tax #Office #system #fights #tax #evaders #fished

July 31, 2024 0 comments

Business

Tax evasion: No extra methods in taverns and eating places – 2024-07-30 09:51:40

by Chief editor of world-today-news.com July 30, 2024

written by Chief editor of world-today-news.com

AADE is making an attempt to place an finish to tax evasion methods in taverns, eating places, ouzo and mezedo retailers, with the brand new tax mechanisms that catering companies must use from Thursday, August 1st.

These companies evade taxes with mechanisms that don’t file tables and orders and the order slips, that are then canceled with out issuing receipts and turnover is written off after the actual fact.

Virtually all taverns, eating places, ouzories, beer bars and all retailers that serve meals or meals on the desk ought to function with the brand new sort of mechanisms (FIMAS or FTM or Restaurant ADIME) or, alternatively, enter right into a contract with an Digital Invoicing Service Supplier.

Catering companies working in settlements with a inhabitants of as much as 500 inhabitants and on islands with a inhabitants of lower than 3,100 inhabitants, in keeping with the newest census, are exempt from this obligation, apart from locations thought-about touristic.

With the obligatory use of recent tax mechanisms for eating places that settle for orders, the receipt is printed solely from a built-in printer, pending orders (“open” tables) and pending receipts are recorded within the tax reminiscence, whereas “Z” is issued if all are closed the open tables.

Freelancers – IRIS

On the entrance of linking freelancer enterprise accounts to the IRIS direct funds system, figures present that charges have slowed following the announcement of an extension to 31 August 2024.

Simply 15,000 freelancers had been added in July to the IRIS system, reaching 357,000 out of a complete of 800,000 debtors. Between June 25-28, day by day registrations reached 6,000. The speed dropped beneath 1,000 per day in July, with simply 409 registrations final Thursday.

The deadline for connecting the skilled accounts of 800,000 freelancers and self-employed folks to the IRIS system expires on August 31, 2024, and the Ministry of Nationwide Financial system and Finance has introduced that no extension will likely be granted. Which means that roughly 460,000 self-employed folks, or greater than 1 in 2 taxpayers, must connect with the system in August so as to not face a nice of 1,500 euros. With a “bell” of 1,000 euros, those that don’t declare their enterprise account are additionally in danger.

Supply: ot.gr

#Tax #evasion #methods #taverns #eating places

July 30, 2024 0 comments

Business

June tax lottery: See in case you received 50,000 euros – 2024-07-28 23:44:50

by Chief editor of world-today-news.com July 28, 2024

written by Chief editor of world-today-news.com

The tax lottery that “divides” between 1,000 euros and 50,000 euros was carried out by the Impartial Public Income Authority AADE. That is the thirty second public lottery and considerations digital transactions carried out in June 2024.

The tax lottery was performed in its new kind, giving out a lot bigger sums. One fortunate winner wins 50,000 euros, 5 fortunate winners 20,000 euros and 500 taxpayers win 1,000 euros.

Already, on the web site of AADE (are the numbers of the fortunate ones who received within the earlier tax lotteries held by AADE and the Ministry of Finance.

Greater quantities in sweepstakes

The tax lottery system adjustments, based mostly on the purchases made by every taxpayer within the earlier month.

Quantities that may begin from 1,000 euros and can attain 50,000 euros might be distributed each month by the tax lottery, whereas at Christmas the quantities will attain as much as 100,000 euros.

The related course of might be repeated on the finish of every month for 11 months, whereas in December, near Christmas, 12 fortunate taxpayers will win 100,000 euros every.

It needs to be famous that these quantities, as supplied for within the related process, might be tax-free, is not going to represent earnings and won’t be topic to any retention in favor of the State or a 3rd celebration.

In response to the joint determination, each month, the lottery will draw after which pay 556 fortunate folks as follows:

1 who wins 50,000 euros,
5 who win 20,000 euros,
50 who win 5,000 euros and
500 who win from 1,000 euros.

On the final ten days of every 12 months, the next might be drawn and paid:

12 fortunate individuals who win 100,000 euros every
fortunate individuals who win 1,000 euros, the variety of which is set by the full sum of money which will have remained unallocated throughout the earlier month-to-month attracts, which had been carried out from September of the earlier 12 months to August of the present 12 months.

Each month, each euro of spending made with plastic cash (playing cards or different digital technique of cost) provides a ticket to the taxpayer with a most month-to-month spending restrict of 10,000 euros.

Within the occasion that the quantity consumed utilizing a card or different digital technique of cost inside the reference month exceeds 30%, 50% or 70% of the month-to-month earnings (1/12 of the annual), the charges are doubled, tripled or quadrupled respectively.

It must also be famous that taxpayers with an annual, particular person, precise web earnings, taxable and exempt from the final submitted earnings tax return, lower than 1,000 euros in addition to those that are usually not obliged to submit an earnings tax return, earn twice as a lot cash for each euro they devour, those that have an earnings over 60,000 euros per 12 months obtain one lottery ticket per euro with out enhance, whereas every participant’s lottery tickets are elevated by 50% for every protected youngster, as proven on a case-by-case foundation from the dad and mom’ joint or separate earnings assertion.

For the participation in every annual draw, the numbers collected for every citizen, within the month-to-month attracts carried out in the identical 12 months, are taken under consideration.

#June #tax #lottery #received #euros

July 28, 2024 0 comments

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