Author Topic: Keep collecting receipts  (Read 7496 times)

0 Members and 1 Guest are viewing this topic.

Offline Maik

  • Administrator
  • Forum Deity
  • *****
  • Posts: 35167
Keep collecting receipts
« on: Saturday, 08 March, 2014 @ 11:03:26 »
Quote
Following months of wrangling and with the year already in its 10th week, the Finance Ministry finally reached a decision on Friday on which receipts taxpayers should collect for tax purposes in 2014. The decision signed by Deputy Minister Giorgos Mavraganis provides for no change to the system used in 2013, given that receipts from supermarkets, fuel stations, tavernas and so on will fully count toward the sum taxpayers are required to collect for the year.

The only difference from 2013 is that for 2014 taxpayers will only have to collect receipts equal to just 10 percent of their annual income (up to the maximum level of 10,500 euros), against 25 percent for 2013 incomes.

Among the receipts that count for tax purposes are those from spending on food, beverages, tobacco, apparel, house repair and maintenance services and materials, durable goods (such as household items), fuel for and maintenance of vehicles, recreation and entertainment, hotels, cafeterias, restaurants and tavernas. Not included are receipts for public transport services, utilities, telecommunications, pay TV, road tolls, private schools and property rentals, among others.

Details of 2013 incomes and receipts collected last year will have to be submitted electronically to the Finance Ministry by June 30 at the latest.

The receipts are only taken into account for the calculation of the taxable income if they are included in an income declaration submitted in time; they are added up for spouses and divided between them depending on the declared and taxed income.
http://www.ekathimerini.com/4dcgi/_w_articles_wsite2_1_07/03/2014_537994

Offline Bryan-in-Kilkis

  • Global Moderator
  • Forum Deity
  • *****
  • Posts: 354
Re: Keep collecting receipts
« Reply #1 on: Saturday, 08 March, 2014 @ 15:48:14 »
Given the fact that nobody is going to find a tax inspector standing on their doorstep asking to see, tot up and count their receipts (which takes many hours), it is all thoroughly moot and totally ridiculous.  Everyone will just declare an amount for their receipts that suits their tax return, as they have done for years, even if they have just one receipt for pita with gyros.  Another typically Greek unworkable scheme.  This country is run by a laughable bunch of utter loons.