Almost two weeks before the deadline for filing tax returns, taxpayers seem to be fulfilling their obligations, because 92% filed income tax returns.

Specifically 5.9 million submitted their declarations, and according to last year’s data, there are approx. 528 thousand applications must be submitted, which means that every day from now on they must be submitted approx. 35,000 statements per dayto achieve a goal that is assessed as quite achievable.

Based on data from Independent Government Revenue Authority (AADE) 65% of those who filed a tax return, i.е. 13 out of 20 taxpayers will not pay additional tax.

At the same time, the conclusion is easy to make in 2021. The Greek economy has recovered significantly and this can be seen in both GDP growth and recorded income.

As you can see from the AADE data, 5,857,523 E1 tax returns have been filed so far, compared to 6,386,268 E1 tax returns last year by the end of the September 16th deadline.

It should be noted that until Friday the data was confirmed in AADE 8,567,614 taxpayers. The difference arises from the fact that spouses or those who have entered into a cohabitation agreement submit declarations together.

• 5,857,523 tax returns were filed, which is 92% of what was expected.
• Of these, 51.95%, i.e. 3,042,983 are zero. Zero was 50.89% last year.
• 34.54%, i.e. 2,023,188 declarations are in arrears and taxpayers are being asked to pay an additional 2.5 billion euros.
• The average payment is 1244 euros compared to 966 euros last year, which means an increase of 28.8% as a result of the increase in the income of the same taxpayers last year.
• 13.51%, i.e. 791,351 taxpayers will receive a tax refund totaling $327 million.
• Last year, he received an income of 16.21%.
• The average refund is 414 euros compared to 269 euros last year, up 54%.

It should be noted that those who file their tax return before August 30th do not lose 8 income tax installments, but by August 31st they must pay the first two tax installments, i.e. July installment and August installment. installment.

Also, a 3% discount is provided if the tax is paid in a lump sum until the end of August.

Bug fix

However, taxpayers have the opportunity to correct any errors, gaps, or omissions in their tax return data by August 30 without any financial penalties or other sanctions, since the delay granted for filing initial returns also applies to correctives.

Thus, through the AADE platform, taxpayers can file a corrective income tax return by submitting an E2 form or an E3 form, if required.

In particular, if the taxpayer discovers that the tax return that he submitted to the tax office contains an error or omission, for example, code 049-050 E1 for electronic receipts is not filled out, he has the opportunity to file an amended tax return. .

In these cases, he does not need to fill in all the codes of his declaration from the very beginning, but he will change or complete only those parts of the original declaration that have errors or omissions.

RES – OIE