Time to start serving tax return for 2023which will relate to income received taxpayers in 2022.

The whole process for the second year in a row does not hold any special surprises, the online platform is expected to open in March. Tax return filing deadline until June 30while The first installment must be paid by July 31.

The resulting tax will be paid in eight equal monthly installments, the last of which is due at the end of February 2024. Under current law, those who pay the tax in a lump sum before July 31st receive a 3% discount on the total amount.

Already AADE sent an instruction to the accounting departments of companies and government bodies to submit in electronic form, by February 28, 2023, certificates of wages, pensions, remuneration from entrepreneurial activity, dividends for the 2022 tax year.

Based on payroll statements, data on income earned in 2022 and taxes due and withheld will be pre-filled on the tax return.

At the same time, the deadline for applying for a “tax divorce” for those couples who wish to file separate tax returns is expiring.

It should be noted that even those who filed a separate tax return in 2022 will have to declare this year that each spouse will file their own tax return. If neither spouse notifies the relevant request by the end of February, they will have to file a joint tax return.

Recommendations to avoid mistakes

In order to avoid mistakes that will create problems for taxpayers, the AADE administrator, George Pitsilis, by its decision, gives detailed instructions to employers on the correct registration of withheld amounts of wages and taxes, specifying which amounts are not taxed.

1. Monthly lifetime reward to Greek hoplites for their participation in the events in Cyprus in 1964, 1967 and 1974, which from 2020 is defined as tax-free.

2. Scholarships and awards of universities that are not income

3. An emergency financial assistance of 600 euros granted in December 2022 to the military personnel of the Ministry of Citizens’ Protection and the Coast Guard-Greek Coast Guard, which is tax-free and exempt from the special solidarity tax.

4. Travel expenses of employees

5. Housing allowance

6. Financial assistance in connection with the crisis (Power Pass, Fuel Pass, Evia & Samos Pass, etc.).

7. The following benefits of CUSTODY:

* funeral expenses,

* benefits and services of a rural home account,

* social benefits, income support and social services to support special and vulnerable groups

* foreign refugee allowance

* emergency one-time financial assistance to victims of natural disasters,

* childbirth allowance (art. 1 of Law 4659/2020), which is exempt from all taxes and fees (including the special solidarity fee pursuant to art. 43A of Law 4172/2013) and is not taken into account in total, real or estimated family income.

They are pre-filled on the return, but to cover assumptions, not to tax OPECA Social Security Benefits for Uninsured Seniors, Minimum Income Guarantee, Social Solidarity Benefit, and Homogeneous Refugee Benefit.

Child benefit

Child Benefit (A21), which indicates the amount of the benefit for the year, regardless of when it was paid. The same applies to “accuracy checks” that were provided as an emergency increase in benefits and pensions (e.g. 250 euros of social benefits for people with disabilities, for uninsured older people and recipients of minimum guaranteed income, etc.). They accumulate along with the regular benefits and pensions they supplement.

The following OPEKA benefits for people with disabilities are also shown but not taxed: mobility allowance for paraplegics, paraplegics, etc., food allowance for kidney patients and transplant recipients, financial support for people with severe disabilities, mental retardation, etc., financial support for the disabled, uninsured and insured by the state, support for people with Mediterranean – sickle cell anemia, etc., support for deaf and hard of hearing people, people with visual impairments, people with cerebral palsy or recovered lepers and their families.

* From 01/01/2022, the non-institutional allowance and any related amount paid to persons with disabilities is reported but excluded from the calculation of income from paid work and pensions. Any retrospectives with a reporting period up to 2022 are shown separately in the year/year to which they refer.

* Compensation for employees with a daily salary and providing services for a certain period of time, but lasting less than one year, as well as tour guides, for whom a 5% withholding tax applies, from 06/14/2018

* Remuneration paid by government agencies to private sector employees under the JOINT WORK mechanism.

* In cases of retroactive payments in respect of deceased persons who were received by the heirs, and not by the deceased, the case is not sent, since these amounts do not fall under the concept of income.