In this Draft Law there is a 5% reduction in the taxation rate of 98% of businesses with profits up to 220,000 euros and a parallel charge of 2% in the rate of the largest businesses
A Tax Law Proposal, which includes a reduction of the ENFIA for 5.8 million taxpayers, was submitted to the competent committee of the Parliament jointly by the SYRIZA-PS Parliamentary Group, with its head, Sokratis Fammelos, as the first signatory.
The Draft Law entitled: “For a stable, progressive and fair taxation of incomes of natural-legal persons and property ownership. Relief of contributions by strengthening the purchasing power, the disposable incomes of all households and the working capital of businesses, in the course of a real convergence of living standards and business conditions to the average levels of the European Union” aims to “stimulate disposable income and purchasing power of households as well as in the reduction of the cash burden of the majority of small and medium-sized businesses after the successive external crises that multiplied and lasted for a long time in our country due to the government’s indifference to the fight against profiteering and ensuring equal operating conditions for businesses”.
As stated in the introductory report, with the provisions of the bill “all the incomes of natural persons, except the income from real estate (rents), are taxed with the same scale, which is expanded more proportionally and becomes more progressive, i.e. fairer. Reduced tax rates are guaranteed for incomes up to 100,000 euros and an equalized rate for incomes up to 200,000 euros. Excess income is subject to progressively increased rates of up to 5% over the existing tax scale.
In this Draft Law there is a 5% reduction in the taxation rate of 98% of businesses with profits of up to 220,000 euros and a parallel charge of 2% in the rate of the largest businesses.
At the same time, it is proposed to abolish the advance payment of income tax for natural and legal persons.
At the same time, a tax-free income of at least 10,000 euros is set for employees, pensioners, professionals, scientists and the self-employed.
The presumptive income imposed by the government on freelancers and the self-employed is abolished, along with the abolition of the pretense tax that concerns them.
A new introductory rate of independent taxation of income from real estate (rents) is proposed, reduced by 10% from the current one (from 15% to 5%), for incomes up to 12,000 euros.
Pi60%, 50%, 40%, 35% and 30% reductions in ENFIA are recommended in objective property values ​​up to 60,000 euros, up to 100,000 euros, up to 150,000 euros, 200,000 euros and 500,000 euros staggered and respectively. At the same time, a supplementary ENFIA of Large Immovable Property is imposed, i.e. for properties with an objective value of more than 400,000 euros. It concerns a transitional measure until the gradual abolition of ENFIA, which is the crown of the aggravating measures of the memorandum period.
Reduced employee and employer contributions are proposed with a progressive reduction of 4.5% over the next four years split equally between employers and employees, relief which will result in a significant reduction in employer costs of over 2%.
From the new progressive income scale for Natural Persons and the reduction of contributions, there is a benefit in income from salaries and pensions, these benefits will range from 75% to 200% of a salary or a pension for the entire perimeter of the beneficiaries.
The self-employed and self-employed people have a relief of at least 900 euros from the new tax-free limit and 325 euros from the abolition of the self-employment tax.
Source: Skai
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