Thursday, 13 December, 2018 @ 18:27:05

Author Topic: ENFIA replaces property tax  (Read 51565 times)

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Online HiFi

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Re: ENFIA replaces property tax
« Reply #125 on: Wednesday, 05 September, 2018 @ 11:42:33 »
Ours were sent to us by our accountant......

Offline Bryan-in-Kilkis

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Re: ENFIA replaces property tax
« Reply #126 on: Wednesday, 05 September, 2018 @ 12:45:15 »
Ours is identical to last year. Phew........

Can you remind me where to find this years values please?

If you can use the Taxisnet site (https://www1.gsis.gr/taxisnet/mytaxisnet), where you need to log on (username and password), it is available under Προσωπική Πληροφόρηση --> Στοιχεία οφειλών εκτός ρύθμισης και πληρωμή.

Offline Alan + Ceann

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Re: ENFIA replaces property tax
« Reply #127 on: Sunday, 09 September, 2018 @ 13:58:19 »
Would anyone know please if we are eligible to pay ENFIA if our property is not complete, it has no electricity, no bathroom and no kitchen as yet and we spend less than 5 weeks a year there? Or is there any discount ?

Many thanks
Alan & Ceann

Online HiFi

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Re: ENFIA replaces property tax
« Reply #128 on: Tuesday, 11 September, 2018 @ 10:11:10 »
You need to speak to your accountant for the answer (if you don't have one I would suggest you get one).
I don't know the answer but if I was guessing I would say the answer is yes, irrespective of it's condition or amount of use.

Offline Maik

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Re: ENFIA replaces property tax
« Reply #129 on: Tuesday, 11 September, 2018 @ 11:35:10 »
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ENFIA cuts are not for everyone

The government is planning a further shift of the tax load to medium-sized and large property ownerships as it has promised to ease the burden on less expensive neighborhoods. Yet even the owners in the latter areas will only see small cuts to their Single Property Tax (ENFIA) dues, amounting to no more than 70 euros per annum.

The declared reduction of ENFIA by 30 percent will take place in the next couple of years and will amount to 50 percent for small owners, as Tsipras said.

The ENFIA cuts have been capped at 70 euros per annum, which means that the full discount of 30 percent (up to 70 euros) will apply to owners who pay up to 233 euros per year. Therefore an owner who pays 400 euros would have qualified for a discount of 120 euros (30 percent), but the 70-euro ceiling means the ENFIA cut will only take his/her dues to 330 euros – i.e. a 17.5 percent discount.

The situation is much worse for owners who pay ENFIA in excess of 700 euros per year. The law deprives them of any discount, and due to the expected change of the structure of ENFIA into a Large Property Tax (known since 1997, when it first applied as FMAP), they may well have to pay even more for their assets.
http://www.ekathimerini.com/232492/article/ekathimerini/business/enfia-cuts-are-not-for-everyone

Offline Maik

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Re: ENFIA replaces property tax
« Reply #130 on: Friday, 14 September, 2018 @ 13:04:02 »
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ENFIA shift with polls in mind

The government has planned changes to the Single Property Tax (ENFIA) with an eye to the upcoming election, as the 30 percent reduction announced for 2019 will only concern owners of real estate assets valued at up to 60,000 euros.

The majority of property owners however will either see a smaller reduction to their ENFIA dues or no change at all, as owners of real estate assets adding up to at least 200,000 euros – i.e. medium-sized and large properties – will not enjoy any cuts at all.

According to the plan that was presented to the representatives of the country’s creditors this week, the reductions to ENFIA will be as follows:
http://www.ekathimerini.com/232595/article/ekathimerini/business/enfia-shift-with-polls-in-mind

Offline Maik

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Re: ENFIA replaces property tax
« Reply #131 on: Saturday, 15 September, 2018 @ 13:21:48 »
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ENFIA load to be shouldered again by usual property owners

According to the government’s plans, the bulk of the new, reduced Single Property Tax (ENFIA) will yet again be paid by owners of medium and large real estate assets.

After Prime Minister Alexis Tsipras announced the ENFIA plans at the Thessaloniki International Fair last weekend, it became clear that next year’s 30 percent reduction will only apply to those with properties valued at up to 60,000 euros, while those with assets worth more than 200,000 euros will see no cuts at all. And according to what the government has presented to its creditors, the imbalance will continue into 2020.

The ministry’s plans for 2020 foresee a 50 percent reduction in the ENFIA dues of owners of properties worth up to 60,000 euros – compared to 2018 – and a discount of 40.8 percent for owners of assets worth 60,001-100,000 euros.

The percentage of the cuts is set to drop as the property value rises.
http://www.ekathimerini.com/232607/article/ekathimerini/business/enfia-load-to-be-shouldered-again-by-usual-property-owners

Offline Maik

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Re: ENFIA replaces property tax
« Reply #132 on: Wednesday, 21 November, 2018 @ 21:42:36 »
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ENFIA relief only for those who pay little

Instead of abolishing the Single Property Tax (ENFIA), or at least revamping it, the government is only reducing it slightly for the majority of owners next year, by an average of 50 euros per annum for those with assets worth up to 150,000 euros. Owners of larger properties, typically the middle classes, will enjoy practically no tax relief in 2019.
http://www.ekathimerini.com/234891/article/ekathimerini/business/enfia-relief-only-for-those-who-pay-little

Offline Maik

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Re: ENFIA replaces property tax
« Reply #133 on: Wednesday, 28 November, 2018 @ 11:14:53 »
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ENFIA to be significantly reduced for over 5.5 million property owners

Uniform Real Estate Ownership Tax (ENFIA) will be significantly reduced for over 5.5 million property owners.

The reduction comes to 30 percent for real estate up to 60,000 euros, according to an amendment tabled in Parliament by the Finance Ministry.
https://int.ert.gr/enfia-to-be-significantly-reduced-for-over-5-5-million-property-owners/


60,000 € isn't a lot for real estate but, hm, elections ahead?

Offline Maik

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Re: ENFIA replaces property tax
« Reply #134 on: Tuesday, 04 December, 2018 @ 10:54:37 »
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Confusion over ENFIA reduction for properties above 60,000 euros

Parliament may have voted late last month for the average taxpayer to pay 10 percent less in next year’s Single Property Tax (ENFIA), easing the load on small property owners, but the Finance Ministry has still not published the formula according to which the tax is calculated, so no one is able to actually plan how much money they’ll need to put by for it.

The clause that was voted provides that if the total value of an individual’s property assets comes to 60,000 euros, “the ENFIA due is reduced 30 percent, and for every 1,000 euros of value above 60,000 euros the discount is reduced by 0.70 euros, and cannot exceed 100 euros.” Neither professionals in the real estate sector nor accountants understand the clause, particularly how the discount is reduced for properties worth more than 60,000 euros.
http://www.ekathimerini.com/235308/article/ekathimerini/business/confusion-over-enfia-reduction-for-properties-above-60000-euros