2024-07-13 13:53:03
The hourglass is winding down for filing 2024 tax returns, that is for income earned in 2023, and about 1.9 million taxpayers have yet to file their return. The relevant deadline expires on July 26 and the Ministry of National Economy and Finance states that there is no reason to grant an extension of the relevant deadline, despite the requests of market players.
With regard to the progress of the tax returns so far, what emerges is that almost seven out of ten (68.57%) will not pay additional tax and this is because either their tax return is zero (47.65%), or credit (20.92%), that is, they will receive a tax refund.
The following are the details obtained based on the update from AADE and the latest update on July 12.
Tax statements: 4,692,122 returns have been submitted, which corresponds to 71% of what was expected, after 6,616,512 tax returns were submitted last year.
Accounts Payable: 31.43% of all declarations are debits (1,474,733 notes) and they are asked to pay an additional tax of 2.1 billion euros. The average amount of payment amounts to 1,426 euros, due to the increase in declared incomes, but also the application of the measure of presumptive determination of incomes for freelancers.
Credit statements: 20.92% of clearances have a tax refund. In other words, 981,591 taxpayers either received or will receive immediate money back, unless they have other outstanding debts to the Tax Office, in which case an offset will be made. The total amount of the refund amounts to 298,947,829 euros and the average amount is 305 euros.
Zero settlements: 47.65% of the clearances are zero, with their number amounting to 2,235,796.
Submitting amending statements
The AADE invites by e-mail a number of taxpayers to proceed with the submission of amending declarations, as while they filed their tax declaration on the platform, new data from employers or insurance funds became available to the Authority. The message that has been sent to thousands of pensioners by AADE states that EFKA has sent new data for earnings and therefore they are obliged to proceed with the submission of amending statements until July 26, 2024 without penalty.
Market operators are asking for an extension
At the same time, more and more market operators and accountants are asking for the extension of the deadline for submitting the declarations, citing the inability to be consistent due to system malfunction problems. Specifically, among them, the Greek Chamber of Commerce has already requested an extension of tax returns until the end of September, while the Panhellenic Federation of Tax Technicians has also requested a two-month extension, arguing that most errors in the initial platform were corrected in May and June.
The Panhellenic Federation of Tax Professionals (POFEE) is moving in the same direction, noting that a large volume of declarations must be submitted in a few days plus any amendments that need to be made for those that were submitted automatically, after the existence of deficiencies and inaccurate information.
For his part, however, the Ministry of National Economy and Finances, the press representative, Omiros Tsapalos, states “there is no reason for any extension”.
There is almost zero questioning of the presumption
In the meantime, only 83 or 0.05% of all those who are taxed based on the presumptive method of determining the incomes of the free, have so far submitted an application to dispute the tax by accepting the tax audit. The AADE has received an additional 106 requests to dispute the tax for objective reasons, which are also provided for in the law, such as for example military service, imprisonment, hospitalization in a hospital or clinic, inability to exercise an activity due to pregnancy, etc.
Source: RES-MPE