Elements of budget execution for the first quarter are putting the government on a steady course towards constellation of benefits with TIF horizon
Of Chrysostom Chufi
The final evidence of the budget execution for the first quarter of the year are putting the government on a steady course towards the … constellation of benefits with a September TIF.
The primary surplus is already overloaded by initial estimates – € 4.5cm against € 616m – and tax revenue already reaches € 1.75m.
Last year’s benefits package was around € 1.2. Since there is no significant surprise, this year’s TIF taxation package will be significantly larger. Skai.gr’s information places it at least more than twice as high, that is to say, with current data of € 2.5m. And if the international environment combined with discussions on defense spending clause and developments on the front of tax evasion allow it, it can reach all 3bn, if not overcome.
In mind the financial staff have been put on all sorts of relief measures and the Deputy Prime Minister himself Kostis Hatzidakisrecently said that without exaggeration everything is on the table. The core of the measures will be as explained by the prime minister himself to relieve the middle class.
One of the most possible measures is the intervention in the tax scale with tax cuts – even the creation of new scales – to relieve income mainly between € 20,000 and € 40,000 as the transition from 9% of the import rate to 22% for incomes from € 10,000 to € 20,000 to € 20,000 – and the ministry is more than € 20,000.
The scale price scenario brings together the least chance.
In ‘confident’ interventions they should be considered the decline in the evidence – The Commission’s finding is expected to find out for this very reason – and the further reduction of insurance contributions (the government still owes half a unit in relation to its pre -election program).
Beyond that, interventions are discussed On the taxation scale of rents As many government interlocutors argue that the measure of the return of a rent of each November is half a meter if it is not accompanied by the reduction in the taxation of renting owners.
Also studied targeted interventions in ENFIAbut it must be eliminated as the costs are very high and would occupy almost all the budgetary space available by excluding any other initiative.
In the quiver there will be other measures for Treatment of housing crisis – With or without the help of banks – with many ideas but nothing more tangible.
Government does not even exclude a new round of change In the imputed way of taxing freelancers While as a thought there is and The abolition of the end of the business And for businesses.
At the table and reliefs to retirees by reducing rates or even abolishing solidarity levy.
Source: Skai
I am Janice Wiggins, and I am an author at News Bulletin 247, and I mostly cover economy news. I have a lot of experience in this field, and I know how to get the information that people need. I am a very reliable source, and I always make sure that my readers can trust me.