Of Chrysostom Chufi

The extension by July 21 that AADE has given to submit tax returns also concerns the (timely) amendments for which the platform is open. The late ones are submitted throughout the year.

Therefore, those who have found errors or omissions (usually “inflating” and tax) in the statement they have already submitted to the platform are now available not until midnight but an additional week to correct them without threatening fines and interest.

The correction process is very simple. Entering the platform with TAXIS codes, the taxpayer sees that the details of the statements he has already submitted (E1, E2, E3) are transferred to the new form. The only thing he has to do is either correct what he wants or to complete codes he had left.

The extension of the correction will give many the opportunity to fill in the infamous code 081 to keep their heads quiet that they will not lose a rent up to 800 euros when November comes. This code had also been left vacant in the pre -filled statements. Specifically for code 081 the deadline for completing it is September 30th

Not that the rent is lost if the code is not filled. The AADE should just run intersections and at the intersections a lot can go wrong….

Other often mistakes or omissions that need to be treated have:

  • Consumption of capital. Cases in which someone bought in 2024 an asset (home, car) and did not justify the presumption with capital consumption resulting in increased tax.
  • It is used to someone who is changing a car to declare the new one but not indicating the sale of the old one, an omission that results in an increased presumption.
  • Guests. Many times someone who is hosted either by ignorance or because he thinks that there is no much difference chooses to declare a housing concession. But the difference is large in the calculation of the presumption.
  • Retroactively. Quite common for taxpayers to forget or declare in the wrong codes.

By submitting the amending declaration, the initial tax certificate is canceled and tax is recalculated based on the taxpayer updated by the taxpayer.

But in the new clearing note to be issued and posted on the taxpayer’s account at the myaade.gr electronic portal not only the result of the amending statement but also the result of the original clearance of the original

Since the amending statement is made by July 21, then the taxpayer avoids the fine of 100 euros for each taxpayer, 250 euros (for a natural person doing business with simplified books) or 500 euros (if he holds duplicate books).

The late amendments and if the new clearance has an additional tax of more than 100 euros compared to the original statement the above fines and interest of 0.73% for each month of delay.