25% discount at the Tax Office – What cases are concerned – Newsbomb – News

Furthermore, those who pay VAT in full on the same date have the opportunity to “cut” the income tax or even ENFIA who will be called to pay in the summer.

The Ministry of Finance, trying to support state coffers in April and avoid the total collapse of tax revenues, offers incentives to taxpayers who choose not to use it. suspension of payment of your debts until the end of August.

At the same time, the financial staff is planning one new emergency arrangement for the repayment in large installments of debts to the tax authorities, with the Minister of Finance Christos Staikoura to indicate that when the period of suspension of payments expires “we will not require in one month to pay taxes of three months”.

Taxpayers affected by the crisis, if they choose to pay taxes and adjustment fees before Thursday, April 30, should take into account the following:

• The 25% discount applies to certified (past due) debts and installment fees whose payment term has been extended until August 31, 2020 and is due on April 30, provided they are paid on time.
• Not included in the 25% discount:

– VAT tax debts and taxes withheld that have not been subject to regulation.

– Debts derived from the recovery of state aid.

– Debts in favor of a foreign State, whether or not they have been settled.

• Employees who are temporarily suspended from employment, landlords who will receive a rent reduced by 40%, professionals and companies included in the affected KAD may have a 25% discount on debts and adjustment fees.
• Recipients of the discount must pay 75% of the debt / installment in April on time. To calculate 75%, Taxisnet’s “Personalized Information” informs the beneficiary of the amount of the debt / fee. Payment is made with the corresponding debt identification, for each debt separately. For each certified identity card (TO) or regulated debt (TRO), 75% of the debt is paid in the Taxisnet image and up to two decimal places. The 25% discount will be made in the immediately subsequent payment period, after verification of your 75% payment for AADE services. According to the News, until this agreement is made, there may be differences in the relevant image of the beneficiary in the “Personalized information” of Taxisnet. Verification of the 75% payment does not require any action from the beneficiary. For this discount to apply to the respective March and April installments, all previous installments must have been refunded.
• Companies, freelancers and freelancers affected by the crisis, if they pay on April 30 in full the total amount of VAT debt resulting from the declarations of the first quarter of 2020 for those obliged to keep haploggraphic books for the third month of 2020 to keep double-entry books, they have the opportunity to offset an amount equal to 25% of the debt paid with other debts or installment fees or partial payment facilities to the tax administration, or What are the deadlines for payment after May 1, 2020? For example, a company that has to pay VAT of 10,000 euros before April 30, if it pays the full amount on time, starting in May, and any tax obligations, such as income tax that will result from the liquidation of the tax declaration, will be “cut” by 2,500 euros. Compensation of 25% VAT is carried out either by request by email from the beneficiary or his legal representative to the person responsible for receiving the income tax declaration or by ex-officio compensation (without request) by the tax authorities competent with other debts. or installment fees or facilities for partial payment to the tax administration, which have an expiration date after May 1, 2020, unless the taxpayer files a claim to offset other debts. The request may also refer to future debts, that is, debts that have not yet been confirmed at the time of the request. The amount of the benefit is not compensated with debts or installment fees or partial payment facilities before May 1, 2020.

See all the latest News from Greece and the world, the moment they occur, in Newsbomb.gr.