By Vangelis Dourakis

Express procedures and within a week is reimbursed by the beneficiaries, which explains to some extent and the fact that the submission of tax returns “run” with the “thousand”: at the moment the E1 forms that have been deposited exceeds 710,000, that is, more than 44,000 are submitted daily. Of course, it is also important that the data of employees and retirees without any other source of income are pre -paid.

Another fact that pushes taxpayers this year to make their tax returns early – is the “profit” of the 4% discount on the one -off repayment if they submit them this month.

Who get their return within a week

In any case, the amounts of refunds are now attributed to the bank accounts of the beneficiaries by express procedures, without exceeding one week on a week. Of course, this time is concerned where the “system” has not identified any other debts of the debtor, either to the tax office or to insurance funds and have no commitment.

Especially for tax refunds, AADE follows specific procedures that provide:

  • Income tax refunds to taxpayers who do not have tax or insurance debts or free of charge, will be sent to the Bank of Greece for immediate refund on a weekly basis.
  • Income tax refunds to taxpayers who do not have any information, but have insurance or tax debts, will be offset centrally per week starting from April 5-6. Those offsetting cannot be carried out centrally will be handled in the shortest possible time by the competent services, DOU / KEVES.
  • Income tax debts will be offset as priority with refund rights, which exist or will be born until 31/7/2025, so that in the event of a repayment of income tax through offsetting, the deduction corresponding to the submission time of the declaration is granted.

A prerequisite for the return of taxes to the beneficiaries is that the account has been rightly stated. And the route followed for is this is a register & communication / statement of IBAN account. The IBAN accounts that the beneficiary holds to payment service providers in countries within the Single Payment Area (SEPA) are accepted.

The ‘profit’ with the lump sum payment of the tax

There are also a few who are rushing to submit their statements to “earn” a greater deduction in the event of a one -off tax.

It can be repaid in eight monthly installments to facilitate taxpayers, but there is also the possibility to be paid one -off with a discount of reaching 4%if the tax return of the debtor is finalized until April 30.

Correspondingly, the discount is reduced to 3% -2% depending on the submission time if the payment is made.

This is something that the taxpayer must pay attention to and must be “in a hurry” to finalize his tax return to prevent the deadline and have a benefit.

The “key” dates are:

  • Tax Statement by April 30: Discount 4%
  • Tax return after April 30 and until June 15: 3% discount
  • Tax return after June 15 and until July 15: 2%discount.