Tag Archives: income

More than six million taxpayers in Greece, a total of approximately nine million (a ratio of 7 out of 10), declare to the Tax Office annual incomes of less than 10,000 euros, with the total amount amounting to 18.3 billion euros. € However, due to the fact that approximately two …

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Greece has the most expensive housing in Europe in relation to income, a research conducted by non-governmental organization diaNEOSis has shown. The research records the “acute”, as it is characterized, housing problem in the country as well, through a historical review of the main causes that caused it. At the …

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A new wave of brain drain is broiling as Greece’s youth does not want to stay in the country and 77.1% of them is ready to migrate, a recent public opinion poll has found. And it’s not only the youth, at least in the intention to relocate abroad for better …

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The online platform for filing 2021 income tax declarations opened on Thursday, March 31, 2022. Upon entering the platform, taxpayers must confirm their personal data and contact details. Access is possible with the special taxisnet codes. About 6.4 million taxpayers are required to file tax declarations by the summer. It …

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Greeks are concerned about the coronavirus and its transmission and half of them are convinced that they will get infected. The majority of them approves the actions taken by the government to contain the spread of the virus, and 54% approve the imposed lockdown. According to a nationwide public opinion …

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A total of 8,907,722 Greek taxpayers paid 8.328 billion euros in taxes in 2018 on declared income of 73.612 billion euros, official figures showed on Thursday. The figures, released by the Independent Authority for Public Revenue (AADE), showed that from the total declared income of 73.612 billion euros, 60.403 billion …

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Greek society in economic decline: Three out of four are long-time unemployed. 51% of the households depends on pensions. One in five households is afraid to lose its home. 70% of the young Greeks want to look for a work abroad. 16.3%  say they cannot afford to cover an extraordinary …

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Greek households and non-profit entities that serve households lost 2.7 billion euros in disposable income (or 2.3 percent) in 2016, Greece’s independent statistics authority (EL.STAT) said on Monday. According to figures released this week, the sum for Greek households’ disposable income reached 114 billion euros last year, down from 116.7 …

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“The disposable income of Greek households has increased in the last two year,” Panagiotis Rigas said on Friday. Who is P. Rigas? The General Secretary of Greece’s governing SYRIZA. In an interview with Athens 984 radio, Rigas claimed the disposable income of Greek households has increased in the past two …

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Greek government considers to change the traffic fines and imposed them according to the income of the driver who causes an accident.  Speaking to radio Sto Kokkino FM, Deputy Transport Minister, Nikos Mavraganis revealed the plan that traffic fines are imposed according to the financial status of the driver violating …

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Deputy Finance Minister Tryfon Alexiadis announced on Thursday the income criteria for those eligible to receive the “heating oil allowance” for winter 2015/2016. Trying to justify why the criteria have been announced late, Alexiadis said underlined that “dozens of signatures were needed” for the approval of this decision and therefore …

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An everything sweeping omnibus bill has been submitted to the Greek Parliament. Twenty four articles that regulate taxes, and taxes and …taxes. And a Greek first: the retrospective hike of taxes even for non-existing income! Value Added Tax, Property Tax, road tax, fines for tax evasion, imprisonment, whatever tax. It’s …

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Greece’s unbalanced austerity and drastic increase of poverty. The poorest households in the debt-ridden country lost nearly 86% of their income, while the richest lost only 17-20%.  The tax burden on the poor increased by 337% while the burden on upper-income classes increased by only 9% !!! This is the …

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More than one-third of the Greek households are trapped and squeezed between poverty and debts as the disposable income dramatically decreased, a survey conducted in December 2014 found out. According to a the survey conducted by the Institute for Small Enterprises of the Greek Federation of Craftsmen and Merchants (IME-GSEBEE), …

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Poverty in austerity-hit Greece is a fact. According to the recently published EU data on Labor, incomes have dramatically decreased since 2010, since the country sought the ‘rescue’ via the International Monetary Fund. “Most affected by the income decrease are the vulnerable society groups. Real income in low income groups …

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It was high time that the real data of the economic situation of the Greek society come to the surface! 2.5 million Greeks live below the line of relative poverty and another 3.8million people are at risk of poverty! A total of 6.3million people, which means more than half of …

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I don’t know if this taxation practice is valid also abroad but Greek Finance Ministry believes if an employee makes use of a corporate mobile phone or car, these constitute ‘assets’ and ‘gains’ and they have to be taxed as “income”! That is any corporate mobile phone bill above 300 …

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Approximately 1,000,000 small  debtors owing the state up to 3,000 euro will be called to settle their obligations either with one time payments or installments. Applying the usual method of catching the small fish and letting the big one happily keep swimming around, the Greek state will seize income, assets and bank …

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What we all know is officially confirm: that our esteemed lawmakers who decide the unemployed and the low pensioners will have to give their last cent to the state, enjoy tax immunity, as almost two-thirds of the income they receive form the Greek Parliament is tax-free. Finance Minister Yiannis Stournaras …

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 The talented Mr Thomsen, the surgeon who tries to finish people’s lives with a fine scalpel, the ambitious Poul Thomsen from IMF allegedly earns $240,000 or €185,000 annually, with the largest part of his income being tax free. The man who tries to make people in Greece and Portugal to work …

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