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One in 10 covers 65% of taxesWhy do most tax revenues in Greece come from indirect taxes? Because the state collects more tax from a 150-euro supermarket receipt than it does annually from 3.2 million households.Out of a total of 9 million taxpayers, 800,000 pay two thirds of the taxes. Salary workers and pensioners declare 72% of total income and pay 65% of taxes.Those 9 million taxpayers fill out 6.5 million declarations every year and share incomes of around €85 billion euros, bearing a tax burden of around €8.2 billion.Nevertheless that burden is not spread proportionally. The 800,000 taxpayers – that’s all of them – who show an individual income of more than €20,000 each per year – that is taxable income, not net income – are the ones who pay 65% of all taxes. Consequently in Greece, nine out of 10 pay one third of taxes and one in 10 pays two thirds.
Greek tax authority enhances efforts against tax evasion with new digital appGreece’s Independent Authority for Public Revenue, known as AADE, is gearing up to intensify its efforts against tax evasion this summer with the introduction of a new digital tool called “ELEGXOSLive.” The aim is to enhance tax compliance in Greek islands and other tourist areas.The digital app will provide real-time access to the financial profiles and archived information of the businesses undergoing inspection. It will also enable searches and cross-checks of financial data.The finance ministry and AADE believe that the tourism industry has the potential to significantly increase tax revenues by revealing undeclared income.
Volunteers have pulled 28 tonnes of ‘ghost nets’ from the waters around this Greek island Off the spectacular Greek island of Santorini, divers drag deadly ‘ghost nets’ from the depths of the Aegean Sea. They have claimed the lives of thousands of fish.George Sarelakos, head of the NGO Aegean Rebreath, says that the nets are "a huge problem around the globe”.“They represent about 10 per cent of marine litter found on the sea bottom."Over the last five years, Aegean Rebreath's 300 volunteer divers have removed more than 28 tonnes of nets and hundreds of thousands of plastic bags from Greek waters.But why are ghost nets such a problem in Greece?
Britain fires up coal plant as solar panels suffer in hot weather Britain has started burning coal to generate electricity for the first time in a month and a half, after the heatwave made solar panels too hot to work efficiently.
‘Dead’ woman bangs on coffin during her own wake in EcuadorA 76-year-old woman who was declared dead at a hospital in Ecuador astonished her relatives by knocking on her coffin during her wake, prompting a government investigation into the hospital.“It gave us all a fright,” son Gilberto Barbera told the Associated Press, adding that doctors said his mother’s situation remained dire.
Thousands of homes found with illegal certificatesThere are some 17,000 properties which are currently available for sale, but with serious irregularities, even though they carry certificates of engineers confirming the opposite. They undermine the smooth functioning of the housing market and compress further the already low supply of real estate.These are properties currently being resold by the owners who acquired them from 2011 onward, that is when the requirement for an engineer’s certificate that the property for sale does not carry any irregularities came into force.
Sir Paul McCartney says artificial intelligence has enabled a 'final' Beatles songSir Paul McCartney says he has employed artificial intelligence to help create what he calls "the final Beatles record".He told BBC Radio 4's Today programme the technology had been used to "extricate" John Lennon's voice from an old demo so he could complete the song."We just finished it up and it'll be released this year," he explained.Sir Paul did not name the song, but it is likely to be a 1978 Lennon composition called Now And Then.
Nottingham attacks: What we know so farThree people have died and another three injured following a series of attacks in the UK city of Nottingham early on Tuesday morning.There is still a lot we do not know, and we are trying to pull together a clear picture of how things unfolded as details emerge.Here is what we know so far.
Southwark: Rare Roman mausoleum unearthed in LondonA "completely unique" Roman mausoleum has been discovered by archaeologists in south London.The remains of the structure at the Liberty of Southwark site in Borough have been described as "extremely rare" and feature preserved floors and walls.Archaeologists think the site was used as some form of burial ground or tomb for wealthier members of Roman society.
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Topic: 13/06/23 (Read 1197 times)
