By Vangelis Dourakis

Him half tax In relation to the foreseen, thousands of freelancers (doctors, lawyers, engineers), traders, and “blocks” will pay this year, if they meet specific conditions. This is because they are part of a privileged status with a tax rate that is only 4.5%, while they are required to pay a 50% tax deposit and are also exempt from the business fees.

As mentioned above, in order to take advantage of such discounts, they must meet specific conditions.

What are the ‘lucky’ of this year

So of the “lucky” tax office for the current year and while on March 15, the process of submitting tax returns are considered to be the young professionals who have been exempt from the new imputed taxation system for the first three years of starting their activity. . They will be taxed on the basis of the income they will display in their tax return.

These traders are also favored by the reduction of the tax burden on new businesses during their early years, provided for tax law.

In detail, this category of professionals has benefits from:

  • The exemption for three years from the imputed manner of taxation adopted for the income of 2023 onwards.
  • The payment of half a tax advance, as for each newly established individual business from a merchant, or by a freelancer, the income tax rate is reduced from 55% to 27.5%, for the year in which income is earned for the first time. Since during 2024 the company first earned income (profit) from business, the tax advance, which will be confirmed, will be reduced by half.
  • From a reduction in half of the tax rate.

Who has a reduced income tax

Regarding the taxation of young entrepreneurs, the legislation provides for their taxation with 50% of the ratio of the first scale of the scale, which is at 9%.

So, according to the Income Tax Code for natural persons in the first three (3) years of exercising their activity, the tax rate of the first tax scale is reduced 50%, since their annual gross income from business does not exceed business 10,000 euros.

Thus, the natural persons who have started a business from 2022 onwards, establishing new solo enterprises, will be taxed for the net profits of the tax year 2024 this year, with a tax rate of 4.5%.

Because half of the income tax applies for a three -year period, it is clarified that traders who launched work in 2022 were taxed at half the scale of the scale, for the profits of 2022, 2023 and 2024 and by 2025 the tax will be calculated without a reduction in the factor.
Those who started in 2023 will be taxed at a 4.5% rate for tax years 2023, 2024 and 2025 and so on.

On the contrary, those who launched work in 2021 or in previous years have exhausted the three -year reduction of rates and will be taxed this year for the profits of 2024, with the full rate of 9%.