Author Topic: ENFIA replaces property tax  (Read 25289 times)

0 Members and 1 Guest are viewing this topic.

Offline Maik

  • Administrator
  • Forum Deity
  • *****
  • Posts: 10282
Re: ENFIA replaces property tax
« Reply #75 on: Friday, 08 July, 2016 @ 13:02:02 »
Quote
Greeks will have to pay ENFIA tax in 4 not 6 instalments!

In an effort to collect money sooner, the Greek Finance Ministry plans to reduce the common property tax (ENFIA) instalments from 6 to 4 for the 2016 financial year.
http://en.protothema.gr/greeks-will-have-to-pay-enfia-tax-in-4-not-6-instalments/

Offline Maik

  • Administrator
  • Forum Deity
  • *****
  • Posts: 10282
Re: ENFIA replaces property tax
« Reply #76 on: Monday, 18 July, 2016 @ 13:41:22 »
Quote
First property tax (ENFIA) instalment due in August, says Dep. Finance Minister

Greek Deputy Finance Minister Tryfon Alexiadis said that taxpayers would have to pay the first property tax instalment (ENFIA) in August... Alexiadis stressed that citizens would have to pay the total amount of the property tax in five instalments until the end of the year.
http://en.protothema.gr/first-property-tax-enfia-instalment-due-in-august-says-dep-finance-minister/


Works out at one payment per month, August-December.

Offline BeeTee

  • Forum Deity
  • *****
  • Posts: 351
Re: ENFIA replaces property tax
« Reply #77 on: Monday, 25 July, 2016 @ 22:28:39 »
ENFIA tax for 2016 in 5 installments - First one due in September
The Finance Ministry issued a statement on Monday dismissing rumors regarding tax hikes and exemptions

Quote
The Ministry of Finance has announced the ENFIA real estate tax for 2016 will be payable in five installments, rather than four, with the first one due in September.

According to the Finance Ministry the government expects to collect the same amount via the ENFIA tax, therefore all rumors regarding hikes are false. The Ministry however noted that there is redistribution of the burden, with larger property expected to pay more, while smaller property owners will pay less. All exemptions from the real estate tax from last year will also apply this year.

Finally, the Ministry also announced that agricultural land will not be counted towards the supplementary ENFIA tax. The explanation given is that there tax payers made many mistakes in the relevant application forms and have been called to rectify them.

http://www.tovima.gr/en/article/?aid=817621

Offline Maik

  • Administrator
  • Forum Deity
  • *****
  • Posts: 10282
Re: ENFIA replaces property tax
« Reply #78 on: Monday, 08 August, 2016 @ 17:59:07 »
Quote
Some property owners face higher tax bill

One in three property owners will have to pay more tax this year, although for the majority the increase will be relatively small according to the Finance Ministry.

Data released Friday by the ministry show that some 2.2 million home owners will see an increase in their property tax bill, known as ENFIA.
http://www.ekathimerini.com/211054/article/ekathimerini/business/some-property-owners-face-higher-tax-bill

Offline Maik

  • Administrator
  • Forum Deity
  • *****
  • Posts: 10282
Re: ENFIA replaces property tax
« Reply #79 on: Friday, 12 August, 2016 @ 17:06:16 »
Quote
From the start of next year, property owners in Greece will have to provide more information about land parcels, which have been exempted from the ENFIA property tax this year, a Finance Ministry official has told Kathimerini.
http://www.ekathimerini.com/211194/article/ekathimerini/business/plots-of-land-to-be-added-to-enfia-tax-next-year

Offline Maik

  • Administrator
  • Forum Deity
  • *****
  • Posts: 10282
Re: ENFIA replaces property tax
« Reply #80 on: Thursday, 18 August, 2016 @ 13:47:32 »
« Last Edit: Thursday, 18 August, 2016 @ 13:50:42 by Maik »

Offline pete.c

  • Bronze Medalist
  • ***
  • Posts: 59
Re: ENFIA replaces property tax
« Reply #81 on: Thursday, 18 August, 2016 @ 14:01:35 »
Having passed the ownership of our house on to the kids we all got a property tax bills last year.
Having read the previous post is there anyone who could explain this bit of it.

On the issue of ownership versus the right to use the property (as in cases where parents cede property to children but maintain the right to use it as long as they live), the tax will depend on the age of person using the property.

Online HiFi

  • Forum Deity
  • *****
  • Posts: 307
Re: ENFIA replaces property tax
« Reply #82 on: Thursday, 18 August, 2016 @ 17:46:45 »
Pete. You need to go to the tax office and fill in form 107(b67x), stating how long you intend to live.

Offline Bryan-in-Kilkis

  • Global Moderator
  • Forum Hero
  • *****
  • Posts: 159
Re: ENFIA replaces property tax
« Reply #83 on: Thursday, 18 August, 2016 @ 21:18:34 »
Just tick the box next to "Till a ripe old age."   :lol:

Offline pete.c

  • Bronze Medalist
  • ***
  • Posts: 59
Re: ENFIA replaces property tax
« Reply #84 on: Friday, 19 August, 2016 @ 13:44:23 »
That’s the idea Bryan.
HiFi our house is essentially a holiday home we have no intention of living on the island permenately. This year for instance the house will be occupied for 6 months at most and that won’t be in one stretch.

Offline Maik

  • Administrator
  • Forum Deity
  • *****
  • Posts: 10282
Re: ENFIA replaces property tax
« Reply #85 on: Tuesday, 23 August, 2016 @ 18:03:35 »
Quote
Calculations for this year’s ENFIA property tax will be posted on the site of the General Secretariat for Information Systems (gsis.gr) by the end of the month, according to comments made to Skai by Deputy Finance Minister Tryfon Alexiadis.

The first installment will be due in September.

Alexiadis said that the tax would be payable in five installments, the last due in January 2017. He added that the majority of taxpayers will pay the same or less than last year.

He added that certain taxpayers will have to pay more.
http://www.ekathimerini.com/211389/article/ekathimerini/business/enfia-bills-to-go-online-by-end-of-month

Offline BeeTee

  • Forum Deity
  • *****
  • Posts: 351
Re: ENFIA replaces property tax
« Reply #86 on: Monday, 29 August, 2016 @ 13:31:29 »
Property tax notifications available online

Quote
Property tax notifixations for property owners in Greece was available on Monday through the Finance Ministry’s online Taxisnet system.

Property owners were invited to visit www.gsis.gr for more information.

The property tax on homes, businesses and land, known as ENFIA, can be paid in five monthly instalments, with a first payment due by September 30.

http://www.ekathimerini.com/211549/article/ekathimerini/business/property-tax-notifications-available-online

Online HiFi

  • Forum Deity
  • *****
  • Posts: 307
Re: ENFIA replaces property tax
« Reply #87 on: Tuesday, 30 August, 2016 @ 15:51:01 »
Got mine - thank you BeeTee...........

Offline BeeTee

  • Forum Deity
  • *****
  • Posts: 351
Re: ENFIA replaces property tax
« Reply #88 on: Sunday, 04 September, 2016 @ 20:29:57 »
Plan to replace ENFIA with unified VAT property tax in the pipelines
Calculation of new VAT property tax based on total value of property
Quote
According to a report by newspaper ‘Imerisia’, the Greek government plans to replace the common property tax (ENFIA) with a hiked VAT property tax. The newspaper reveals that the Finance Ministry is considering scrapping the current ENFIA property tax and introducing a unified propriety tax imposed on all properties both registered and unregistered. Other provisions will include the abolition of property tax per square metre, which is currently in force, with the introduction of a system that calculates the aggregate property value of every taxpayer. This estimation of the new property tax will be calculated on the basis of a progressive rate without the provision of any tax free threshold. The scale rate will include multiple coefficients and property value rates, with the first coefficient to be placed for property valued at 30,000 or 50,000 Euros. The coefficients will follow a graduated rate and increase depending on the value of the total property. According to ‘Imerisia’, the Finance Ministry task force responsible for the new tax has not decided as to what property prices will constitute the basis for calculating the new tax in 2017, as the readjustment of the objective property values to the real market values has been put off till the second half of 2017.

http://en.protothema.gr/plan-to-replace-enfia-with-unified-vat-property-tax-in-the-pipelines/

Why do they want to keep changing things.   :dunno: 

Offline Bryan-in-Kilkis

  • Global Moderator
  • Forum Hero
  • *****
  • Posts: 159
Re: ENFIA replaces property tax
« Reply #89 on: Monday, 05 September, 2016 @ 10:04:54 »
Plan to replace ENFIA with unified VAT property tax in the pipelines
Calculation of new VAT property tax based on total value of property
Quote
According to a report by newspaper ‘Imerisia’, the Greek government plans to replace the common property tax (ENFIA) with a hiked VAT property tax. The newspaper reveals that the Finance Ministry is considering scrapping the current ENFIA property tax and introducing a unified propriety tax imposed on all properties both registered and unregistered. Other provisions will include the abolition of property tax per square metre, which is currently in force, with the introduction of a system that calculates the aggregate property value of every taxpayer. This estimation of the new property tax will be calculated on the basis of a progressive rate without the provision of any tax free threshold. The scale rate will include multiple coefficients and property value rates, with the first coefficient to be placed for property valued at 30,000 or 50,000 Euros. The coefficients will follow a graduated rate and increase depending on the value of the total property. According to ‘Imerisia’, the Finance Ministry task force responsible for the new tax has not decided as to what property prices will constitute the basis for calculating the new tax in 2017, as the readjustment of the objective property values to the real market values has been put off till the second half of 2017.

http://en.protothema.gr/plan-to-replace-enfia-with-unified-vat-property-tax-in-the-pipelines/

Why do they want to keep changing things.   :dunno:

When was anything ever stable and dependable in this loony country?  They can't get anything right...    :oki:

Offline Mediterranean Man

  • Gold Medalist
  • *****
  • Posts: 105
Re: ENFIA replaces property tax
« Reply #90 on: Monday, 05 September, 2016 @ 10:07:03 »
Taxed unregistered property!  :lol:

Offline Maik

  • Administrator
  • Forum Deity
  • *****
  • Posts: 10282
Re: ENFIA replaces property tax
« Reply #91 on: Friday, 09 September, 2016 @ 18:14:53 »
Quote
Alexiadis: “Not possible for charities to avoid ENFIA tax”
Due to no clear legal distinction between charitable institutions and non-profit legal entities
http://www.tovima.gr/en/article/?aid=827034


Quote
Mitsotakis promises 30% cut in ENFIA
http://en.protothema.gr/mitsotakis-promises-30-cut-in-enfia/

Offline Maik

  • Administrator
  • Forum Deity
  • *****
  • Posts: 10282
Re: ENFIA replaces property tax
« Reply #92 on: Tuesday, 13 September, 2016 @ 16:57:21 »
Quote
ENFIA property tax to be still around next year

The government will be tweaking the Single Property Tax (ENFIA) rather than abolishing it, statements by Prime Minister Alexis Tsipras suggested at the Thessaloniki International Fair over the weekend, while opposition leader Kyriakos Mitsotakis told Skai TV that the tax could go down 30 percent within two years if he were elected.
http://www.ekathimerini.com/211974/article/ekathimerini/business/enfia-property-tax-to-be-still-around-next-year


The money has to come from somewhere...


Quote
More charges for owners renting or selling their properties

Property owners are bracing for another poll tax, on top of ENFIA, as the government is introducing additional costs and red tape for those planning to rent out or sell their assets.

Owners will have to spend an average of 1,000 euros on new documents needed for those transactions, such as the electronic identity of each building, a certificate of town planning compliance and a certificate of payment of the local authority property levy (TAP), according to a bill being drafted by the government.

This comes on top of the energy certificate and the obligation to produce a certificate for ENFIA payment.
http://www.ekathimerini.com/211971/article/ekathimerini/business/more-charges-for-owners-renting-or-selling-their-properties

Offline Maik

  • Administrator
  • Forum Deity
  • *****
  • Posts: 10282
Re: ENFIA replaces property tax
« Reply #93 on: Thursday, 13 October, 2016 @ 18:28:09 »
Quote
Government seeking to reduce ENFIA tax for vulnerable social groups

With public revenue on the rise, the government is hopeful that it will have the opportunity to carry out the changes....

Under the latest bailout agreement, the Greek government has to collect 2.65 billion euros from real estate, which suggests that the burden will in turn be passed on to the other taxpayers.
http://www.tovima.gr/en/article/?aid=836111

Offline Maik

  • Administrator
  • Forum Deity
  • *****
  • Posts: 10282
Re: ENFIA replaces property tax
« Reply #94 on: Monday, 31 October, 2016 @ 17:14:10 »
Quote
Various changes under consideration as regards property taxation next year

A cloud of confusion continues to hover over what changes the public can expect next in property taxation. Government sources are now saying the capital gains tax will not be reintroduced in 2017 after all, while the plan to start calculating the Single Property Tax (ENFIA) based on value rather than size will also be shelved for now.

The ENFIA changes planned will likely concern a “mild form” (to avoid an excessive burden on farmers) of the supplementary tax to be imposed on cultivated land.

Changes may also include the full exemption from ENFIA of those with an annual income of 9,000 euros or less and property valued at less than 85,000 euros for non-married owners and 150,000 euros for married owners.
http://www.ekathimerini.com/213256/article/ekathimerini/business/various-changes-under-consideration-as-regards-property-taxation-next-year

Offline Maik

  • Administrator
  • Forum Deity
  • *****
  • Posts: 10282
Re: ENFIA replaces property tax
« Reply #95 on: Friday, 18 November, 2016 @ 16:53:49 »
Quote
The Single Property Tax (ENFIA) is to undergo significant changes from 2017 after the Council of State ruled that the method used to calculate the tax for four areas in the country was illegal on the grounds that it did not take into account their special features in the assessment of their objective values (property rates used for tax purposes).
http://www.ekathimerini.com/213831/article/ekathimerini/business/cos-verdict-upsets-enfia-plan

Offline pete.c

  • Bronze Medalist
  • ***
  • Posts: 59

Offline TonyKath

  • Global Moderator
  • Forum Deity
  • *****
  • Posts: 1401
Re: ENFIA replaces property tax
« Reply #97 on: Sunday, 26 February, 2017 @ 16:53:03 »
How do you peeps on Kef keep track of all this - apart from GGi of course!

Lots of earnings for accountants presumably.  :oki:

Tony


Offline Maik

  • Administrator
  • Forum Deity
  • *****
  • Posts: 10282
Re: ENFIA replaces property tax
« Reply #98 on: Wednesday, 01 March, 2017 @ 16:23:41 »
Not sure this adds anything to the info in Pete's link, looks like we're still on the same track:

Quote
Property tax to remain for 2017-18; 'fairer' tax eyed after 2019

The Greek government is, by all accounts, aiming to retain a property tax (ENFIA) for this year and 2018, which despite its unpopularity, has proven to be a dependable revenue source for the state budget.

Any changes will come after 2018, when the leftist government will reportedly unveil what it calls a "fairer" property tax, one that will ostensibly reduce the overall revenue total from the specific measure by 35 to 40 percent.
http://www.naftemporiki.gr/story/1209407/property-tax-to-remain-for-2017-18-fairer-tax-eyed-after-2019

Offline Maik

  • Administrator
  • Forum Deity
  • *****
  • Posts: 10282
Re: ENFIA replaces property tax
« Reply #99 on: Friday, 05 May, 2017 @ 17:10:27 »
Quote
No change to ‘objective values’ before 2018

The property rates used for tax purposes (known as “objective values”) will not be adjusted before next year after all, and neither will the Single Property Tax (ENFIA).

The new rates will form the basis for the 2018 ENFIA, but the fiscal result will be exactly the same for state coffers, with 2.65 billion euros of revenues being foreseen. New objective values will bring changes to the rates used for the calculation of the tax, and it is highly likely that several exemptions from ENFIA will be abolished as of next year.

Any expectations that owners may have clung onto that ENFIA might be abolished altogether – as government officials pledge year after year – are vanishing.
http://www.ekathimerini.com/218115/article/ekathimerini/business/no-change-to-objective-values-before-2018