VAT, income tax and ENFIA have brought in the coffers almost 3.5 billion euros more than what was calculated until the end of August.
Exceeding net income by 4.8 billion euros in seven months they show the latest data on the execution of the budget. VAT, income tax and ENFIA have brought in the coffers almost 3.5 billion euros more than what was calculated until the end of August. Part of the excess is due to change of installment schedule.
The amount of net revenues of the state budget amounted to 33,703 million euros, showing an increase of 4,803 million euros or 16.6% compared to the estimate for the corresponding period included in the introductory report of the 2022 Budget, despite the reduced revenues of the PDE . The increased tax revenue of the seven months was further strengthened during the month of July: (a) by the collection of €644 million from ANFA’s, which was not foreseen in the 2022 Budget and (b) by the €636 million exceeding of the provision for the refundable deposit.
The total revenues of the state budget amounted to 36,852 million euros, increased by 5,562 million euros or 17.8% against the target.
More specifically, the revenues of the major categories of the state budget are as follows:
A. The revenues of the “Taxes” category amounted to 30,148 million euros, increased by 4,221 million euros or 16.3% compared to the target included in the introductory report of the 2022 Budget.
This overperformance is due to: the extension of the deadline for the payment of traffic fees until the end of February 2022, the better performance of the previous year’s taxes collected in installments until the end of February 2022, the better performance in the collection of the current year’s taxes, as and in the collection of the first three installments of ENFIA during the months of May, June and July, while it was predicted that they would be collected in the months of September, October and November respectively.
In particular, the following are observed for the main taxes of this category:
•​VAT revenues amounted to 11,968 million euros and are increased against the target by 1,153 million euros.
•​EFC revenues amounted to 3,809 million euros and are reduced compared to the target by 192 million euros.
•​Real estate tax revenues amounted to 1,904 million euros and are increased against the target by 1,245 million euros due to the collection of the first three installments of ENFIA, as mentioned above.
•​Income tax revenues amounted to 8,445 million euros and are increased against the target by 1,053 million euros.
Read the News today and get the latest news. Follow us on Google News and be the first to learn all the news from Skai.gr.
