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Receipts collection: Greece’s low & middle class employees & pensioners to carry the burden in new taxation system

A new taxation system full of dangerous traps for the honest taxpayers who cannot evade taxes has been prepared by the Greek Finance Ministry. With the new regulations accepted by the coalition government parties, employees and pensioners will be obliged to collect receipts equal to one-fourth of their annual income and get heavy penalties of 22% tax payment if they fail to do so.

However the crazy scientist for lawmaker does not accept receipts  the taxpayers spend to cover basic needs like paying rent, buying heating oil, natural gas or woods to heat their homes, utility bills, traffic toll fees, alimony, donations, electricity bills, cable televisions, telephone, transport tickets of any kind, maintenance costs for buildings,  expenditure for purchase of assets like a car or a real estate and most weird expenditure for medical and hospital purposes!

Greeks readying to start spending

Accepted are only receipts from supermarkets, transport fuel, vehicles repair and maintenance, taxi, purchase of goods and services (except the above) and for spending in EU countries like hotel accommodation (!).

Greek sheep knitted in taxes

A tax return will be accepted only for expenditure for tutors (frontistirio) of secondary education.

Obliged to collect receipts are only the usual yoke, the ‘sheep’ living in this Greek state of unjust and favoritism, the employees and the pensioners.

They will have to submit to tax office receipts equivalent to 25% of their annual declared income. However the maximum collected receipts amount is 10,500 euro. That means that a taxpayer with annual income of more than 42,000+ euro is not obliged to collect more receipts.

Example: employee or pensioner with 20,000 euro annual income will have to collect receipts worth 5,000 euro.

If the taxpayer collects receipts only for 4,000, he will have to pay a fine of 220 euro for the receipts of 1,000 euro he failed to collect.

 Excempted from the receipts collections are the usual favored groups of self-employed (doctors, lawyers etc) and the real estate owners (for income from renting).

In Greece where the low and middle classes are hit mostly by the economic crisis, the new taxation system will be implemented in favor of the higher incomes – as usual.

PS I have already started to write down my long shopping list: 2 kigs of caviar, one yacht, one-week ski vacation package in Gdstaad… I’ll let you know my purchase targets for 2013, as long as I have my list ready.

 

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6 comments

  1. So, if I fly out of the country with a suitcase full of tax-evasion money, I can happily deduct the cost of my tickets and hotel stay from whatever tax I decide I might want to pay.
    But if I have to make a decision between paying the electricity bill or the medication bill, I can now pay neither because if I don’t spend the money on “accepted” consumption, I end up with a fine of 22% for paying some of my bills????
    And I thought Ireland was the only open air assylum run by the inmates….
    When will enough be enough?

  2. keeptalkinggreece

    enough is never enough because you are up to wrong consumption.

  3. This won’t happen……..will it? So..annual income 10,000..no car..I must collect 2,500 euros of supermarket receipts as I cannot afford anything else in tax relief category. So I must spend around 50 euros a week in the supermarket? even though I live alone, I am 60 and have a heart condition. Or I will be ‘fined’……

  4. What kind of state goes through people’s shopping lists? Only a totalitarian one.

  5. Enough will never be enough because western governments are bankrupt. But instead of accepting the bankrupcy and adjusting government spend rates, they want to keep their system going. The systen will collapse, but only after they have stolen every cent of their citizens’ wealth.