The resulting income tax will be paid in 8 monthly installments
He informed the Ministry of Finance that all the bodies who were obliged to send the information they needed to AADE in order to start the process of submitting them smoothly. tax returns March 17th.
In order not to start the process on time there should be a problem with the AADE system with the fine of € 2,500 even hungry for its head, George Pitsilis. It will be a huge surprise, however, though this second obstacle does not overcome.
The third obstacle, however, is the most … tallest as everyone “holds” their breath that the bodies (Ministries, OTAs, Banks) have sent the right information. Not so much because the wrong data is foreseen a fine of € 2,500 but because then – as well as last year – the process is derailed and the extension cannot be avoided, the SKAI.
Welcome to things, on March 17, 1.5 million taxpayers – employees and retirees without income from other sources – will enter TAXIS will see their tax returns pre -paid and priced. And if all the items are right, they will not need to do anything, as AADE, shortly after Easter and before the end of April, will press that submission button.
For the calculation of income from wage labor and pensions, based on George Pitsilis’ circular, they are excluded, inter alia:
- Raid and feeding costs and daily compensation paid by the employee solely for the purposes of employer business
- The compensation for traffic expenses paid by the employer for service reasons,
- The foreign allowance granted to officials of the Ministry of Foreign Affairs and other Public Political Services
- Reservations in favor of insurance funds, which are imposed by law, including employee contributions in favor of professional funds
- Compulsory Insurance Insurance
- The lump sum provision from welfare funds and public insurance agencies to insured and dependent members of the insured
- Premiums paid by the employee or employer on behalf of the employee under group pension insurance
- The contributions paid by the employee or even the employer on behalf of the employee of an Optional Insurance Fund for the medical and hospital coverage of the worker, his spouse and children or to cover the risk of life or inability
- Falling operators up to 6 €/working day
- The compensation for purchase of monthly or annual unlimited public transport routes
- The market value of concession of a zero or low pollutant vehicle up to 50 g. CO2/km. and with LTP up to 40,000 euros, to an employee or partner or shareholder by a natural or legal person or legal entity, for any time within the tax year, with the remainder of value being considered taxable income based on scale
- Providing in kind in the form of shares received by an employee or partner or shareholder from a legal entity or legal entity regardless of the employment relationship, if the option is exercised and the shares acquired, transferred after completing 24 or 36 months of their acquisition
- The audit allowance
- Benefits of up to € 5,000 per year that employers provide to employees to cover nurseries and kindergartens
- Benefits paid by employer to employee as aid for the acquisition of a child within 12 months of childbirth, up to € 5,000 increased by € 5,000 for each other dependent child the beneficiary parent has at the time of childbirth.
The resulting income tax will be paid in 8 monthly installments from July 2025 to February 2026.
