Of Chrysostom Chufi

The moment most people are coming has come. The electronic platform of taxisnet opened and waits with “open arms” taxpayers for the submission of tax returns. It will remain open until July 15.

Entering the platform, about 1.5 million employees and taxpayers, they will see that AADE has already done the job for them and has made up for their statements. But because the devil is hidden in the details they must check them thoroughly (mainly interest on deposits, any retirement benefits, and withholding of freelancers) because a small mistake can lead to large tax. All the more so when about 2 million taxpayers each year are caught on the tingles of the evidence and are therefore not taxed on the basis of their real income.

Those who control the statements and find no mistakes need to do anything else. Not even to submit the statement if their process is … painful. The submission button will be pressed by AADE, after Easter holidays, on April 25.

But those who find mistakes or omissions must make modifications with the timetables to be clear:

  • If they have not submitted no statement by April 24, they should do so before that date.
  • If they have submitted an initial statement, then they can submit amending, without sanctions, from April 25 to the deadline of July 15. This amending statement will be considered initial.

Based on the changes made to the legislative framework, this year’s taxpayers – which will pay lower taxes – are the following taxpayer categories:

  • All freelancers due to the reduction of the half -time taxation of half and € 325.
    With them, for the same reason, they benefit the paid block
  • Freelancers living in settlements up to 1500 residents as they reduce their imputed income by 50%
  • Those who have renovated property within 2024. For spending up to € 16,000 will have a tax reduction of up to € 3,200
  • Those who – after September 8 – have opened their last 3 years their real estate to rent them with long leases or those who withdrew their real estate from short -term leasing in favor of long -term
  • Families with children as the tax -free threshold increases by 1000 €. A family with two children has a benefit of 220 € for example.

In contrast to the “losers” they belong to:

  • Those who saw an increase in their income resulting in a tax scale change
  • Those who increased the assets, resulting in their evidence caught them

Since there was no delay in the commencement of the filing process, it is not, according to the Ministry of Finance, to give any extension beyond July 15.

If they pay lump sum by July 31:

And have submitted a statement up to 30/4 will have a 4% discount

And have submitted a statement between 1/5 to 15/6 will have a 3% discount

And have submitted a statement between 16/6 to 15/7 will have a 2% discount

The tax will be paid in 8 monthly installments with the first until the end of July and the last by the end of February 2026.