Digital Tax Statement Launching in Greece This September

Greece’s Finance Ministry is acceptable to rotation retired a caller integer tax statement level by the extremity of September, offering taxpayers a preview of the benefits they will summation under the revised tax brackets that take effect connected January 1, 2026.

The level will beryllium introduced successful two phases.

• First phase: Taxpayers will beryllium capable to input basal details—such arsenic income, employment type, year of birth, and fig of children—on the Ministry of National Economy and Finance website. The tool will instantly cipher imaginable gains from the caller income tax standard and the updated rental income brackets.

• Second phase: Following the transition of the tax betterment measure successful October, the Independent Authority for Public Revenue (AADE) will motorboat a personalized calculator. This version will use existent 2024 tax information to supply each taxpayer with a elaborate breakdown of however the caller rates will impact them, efficaciously creating a afloat tax profile. It will beryllium accessible via the AADE website.

The calculators will absorption solely connected income tax and rental income taxation, excluding measures similar the elimination of the “personal difference” successful pensions.

With the personalized tool, taxpayers will nary longer look surprises when their tax statements arrive. Instead, they will person a clear, real-time understanding of what they presently pay, what will alteration under the caller system, and the nett payment they tin expect.

Source: tovima.com