Key stages of the process in a complete guide for citizens
Full engines are working in AADE for the start of this year’s submission tax returnswith the relevant procedure showing significant differences over the previous year. The changes are mainly concerned with the predetermined deadlines, tax discounts, and the steps that taxpayers, employers, insurance funds and others are involved in the process of submitting declarations.
Pivotal stages of the process
The first substantive stage should be completed by 28 February, as by then employers are required to transmit data on work, pensions, business income, dividends, interest and other monetary benefits of 2024. This data They will be used to pre -clude and intersect the tax returns of natural persons.
This stage is considered particularly critical, as the AADE will automatically incorporate the relevant amounts into the electronic forms of statements immediately after receipt of the data.
Under the legislative framework, the process of submitting statements will begin on March 17 and end on July 15.
Tax changes
The changes in force this year are not limited to the submission process, but also affect the amount of tax burden on specific categories of citizens. Specifically, the settings relate to:
* Freelancers
* Employees who are paid with a “block”
* Taxpayers who made real estate renovations
* Owners of closed houses who proceeded to lease or exploit their property via Airbnb
* Farmers with protected children
Recent tax arrangements bring about significant reliefs, which will be reflected in 2025 clearances.
In detail the new tax breaks
1. Farmers with protected children: The tax -free threshold is increased by EUR 1,000, offering an annual benefit of up to € 240 for farmers who have four or more children.
2. Freelancers: Elimination of the business tax ensures a tax relief of EUR 325. In addition, for professionals active in areas with a population of less than 1,500, imputed income is reduced by 50%, offering even greater relief.
3. Real Estate owners: Owners who have leased properties that were closed for at least three years will not be taxed on rental income in the last quarter of 2024, provided that the lease took place after September 8th. This exemption is valid for 36 months.
4. Employees with proof of service (ASI): The abolition of the business fee implies a tax reduction of 400 to 500 euros, a difference in the clearance of 2025.
5. Renovations: Taxpayers who will do renovation work in 2024 can benefit from a reduction in income tax of up to EUR 3,200, in a depth of five years, provided that total costs do not exceed EUR 16,000. For example, expense of 10,000 euros generates an annual tax benefit of 2,000 euros.
Deadlines and sanctions
According to the law, by January 15, public bodies had to register on the AADE platform, while the deadline for submitting data is February 28th.
In the event of a delay or inaccurate report, a fine of EUR 2,500 is provided, with an additional 50 euros for each day of delay.
In addition, spouses are obliged in a joint statement from the year of marriage, with the tax being calculated separately for each. Those who wish to make a tax divorce for 2025 should report it to AADE by February 28, 2025, referred to the RES.
Tax Payment and Discounts
AADE is expected to clear about 1.3 million statements by natural persons by April 16, 2025. The pre -cleaned statements will be available for submission from 15 March 2025.
Those who submit a declaration by the end of April 2025 and pay the tax lump sums will benefit from a 4%deduction. The tax will be paid in 8 monthly installments, with the first being paid by the end of July 2025 and the last in February 2026.
The one -off payment discount is as follows:
* 4% for statements submitted by April 30
* 3% for statements from May 1 to June 15
* 2% for statements from June 16 to July 15
It is noted that the discount (4%, 3%, 2%) only applies if the payment is made by July 31.
