By Vangelis Dourakis

Although the process of submitting tax returns is already running, the debtors even now should not forget that the tax-free threshold does not apply “automatically”, but they should “win” it by doing their daily transactions with debit/credit cards or through e-banking. So in order to avoid a “trap” of extra 22% tax they will have to gather electronic receipts corresponding to 30% of their annual real income.

And for the current procedure, taxpayers have already had to have done the necessary electronic transactions since last year to ensure the tax -free, however, it would be a good idea not to be forgotten this year.

When is the threshold for ‘building’ duty free to 20%

Thus, during this year, those who have incomes from salaries, pensions, business and real estate exploitation should be done by December 31, 2025, with electronic means of payment (such as prepaid cards, debit or credit cards, e-banking, e-Wallets).

Taxpayers should still be aware of the “building” of the tax -free that the limit of the annual real income of citizens at expenditure on purchases of goods and services paid by electronic means is limited to some cases from 30% to 20%.

This is true when taxpayers will have incurred within 2025 expenses

  • For payments of income tax on natural persons and ENFIA,
  • For interest -bearing loan installments and rents exceeding 60% of the annual real income.

It is clarified that this reduced percentage applies when costs for taxes, loans and rents have been paid by electronic means of payment.

What evidence does ‘count’ doubles

There are also electronic evidence that “counts” double to cover 30% of the annual real income and concern specific occupations. In detail, The amounts measuring doubles- among other things- visits, to:

  • pediatricians
  • orthodontic
  • doctors
  • dentists
  • chiropractors
  • ophthalmologists
  • osteopathic,
  • Chiroppers,

This applies to each tax year from 2022 to 2025 and the evidence from these categories of professionals are calculated in double their value to cover the required amount of expenditure.

Also, especially for the years 2022-25 from the taxable income of the natural person (from salaried labor and pensions, business and real estate), solely for the calculation of income tax, analogous amount equal to 30% of the costs of receiving services, services, Electronic means of payment.

The deducted income amount does not exceed EUR 5,000 per year.

Thus, for spending 5,000 euros the discount is 1,500 euros, for € 10,000 3,000 euros and for 15,000 euros the discount reaches 4,500 euros.

But if one has expenses of 20,000 euros, 30% will not be deducted, ie 6,000 euros but the amount of 5,000 euros, which is the ceiling.

How taxpayers earn tax deduction for electronic transactions

This tax deduction also applies to those who will incur plastic money costs for:

  • hydraulic tasks
  • veterinary services
  • coolant
  • Taxi and Funeral Services
  • hairdresser
  • Barber and beauty shops
  • heating
  • electrician
  • carpenter
  • insulation
  • massage
  • natural well -being
  • schools
  • gyms and leisure activities with subscription
  • Personal care and hospitalization (excluding hospital activities)
  • Cleaning and home services, photo development
  • masonry
  • plastering
  • tile installation
  • Various leisure services
  • Legal Services and Child Care Services
  • roof and the sheet metal windows
  • concrete.

Who are excluded from electronic receipts

The measure of electronic evidence is fully excluded, among other things:

  • Beneficiaries of the minimum guaranteed income
  • The prisoners
  • Those in the age of 70 years or older
  • People with a disability rate of 80% or more
  • Those in court support
  • Citizens who are compulsorily serving their military service.
  • And those who reside:

a. In a nursing home

b.in a psychiatric store.

C. permanently in villages with a population of up to 500 inhabitants and in islands with a population of below 3,100 inhabitants who are not tourist destinations.