One of four taxpayers every year “caught” on their tweezers proof whereby he is taxed not on his actual income, but on what is received from proof of life.

As can be seen from the statistics tax return1,748,934 taxpayers out of a total of 6,529,279, i.e. 26.8%, taxed based on resourcessuch as real estate, cars, yachts, swimming pools and not on the basis of declared income. The total taxable income of these taxpayers increased by 5.96 billion euros to 9.03 billion euros compared to 3.07 billion euros, which they reported in their tax returns.

Presumptions are the biggest trap of additional taxes for households. However, there are ways that allow taxpayers to avoid the presumption and be taxed on the income actually received. Taxpayers can claim income, loans received, lump sums, allowances to avoid speculation.

Especially:

1. Actual income received in 2022 by taxpayers. Such income is severance pay, unemployment benefits, interest on bank deposits, etc.

2. Amounts of money that are not considered income under current regulations and were acquired by taxpayers during 2022. In particular, they may refer to the lump sum that taxpayers received as retirees, or the compensation they received from their insurance company, etc.

3. Income received by the taxpayer in the previous year from the sale of his property. As income from the sale of property, the amounts received by the taxpayer from the sale of real estate, cars, movable things of great value, etc. are taken into account. The purchase price, i.e. the price paid in some previous year to acquire the asset, is deducted from the sale price received during 2022.

Every year, every fourth taxpayer is caught in the “fitting” of presumptions.

4. The amounts of money they brought into Greece, either in euros or in foreign currency, if their acquisition abroad is justified.

5. Loans received by taxpayers during 2022 from banks, relatives or third parties. The conclusion of the loan is confirmed by a notarial or private document, which is stamped and has a specific date of conclusion of the loan. The date must show that the loan was received during 2022 and before the asset acquisition costs to be justified were incurred.

6. Amounts received in 2022 from donations or parental benefits. In order for the taxpayer to prove that he received such amounts during 2022, he must have at his disposal (in order to submit to the tax authorities, if necessary) an appropriate certificate from the competent head of the DOY, which shows that the donation or parental allowance was made until December 31, 2021.

7. Lottery winnings, PPO-PO, LOTTO, TZOKEP, Fixed Bet, etc. OPAP gambling.

8. Income of past financial years. This is a “past capital expense” with which he can cover any additional difference in taxable income arising from the application of presumptions by referring to income and income declared even 10, 20 or even more years ago, if they existed.