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Newsletter 200 -29/03/2019
categories. The three highest improvements against the target in absolute terms were seen in VAT on other... in other current taxes by 55 million euros, sales of goods and services by 39 million and VAT on fuel... million euros. Property tax revenues came to 389 million and were under the target by 4 million. VAT
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New overdue taxes rise by 1.37 bln in Feb, total reaches 104.4 bln
EconomyMacroeconomyat 2.04 billion euros compared to 714 million in January. The VAT collectability rate edged down to 80.4 percent from 81.8 percent in January, while the amount of VAT due came to 1.10 billion , declining from 1.36 billion in the previous month. On an aggregate basis, the VAT collectability rate came
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Primary surplus confirmed at 1.44 mln in Mar
EconomyMacroeconomyseen in sales of goods and services by 850 million, VAT on other goods and services by 540 million... million and VAT on fuel by 30 million. Tax refunds rose to 962 million euros in the aggregate period... euros. Property tax revenues came to 450 million and were above target by 15 million euros. VAT revenue
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Greek elections: Just the (decisive) details to be settled
Agoraby unveiling a package of tax reductions (focussed on VAT this year), lump-sum payments... less than 500 euros a month will receive the full amount. Also, the VAT changes this year will see food... will apply to the food service sector, while VAT on energy bills will be reduce from 13 to 6 percent
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Newsletter 205 -10/05/2019
rate of VAT at 24 percent to the lower one, at 13 percent. Similarly, the VAT rate applied in the food service/catering sector will be reduced from 24 percent to 13 percent. Also, VAT on energy bills
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PBO sees fiscal target being reached despite expansionary measures
EconomyProgrammeand 59 million respectively. The expansionary measures also included a series of reduction in VAT... benefits pensioners, followed by consumers and producers of goods following the VAT reductions. The exact allocation of the VAT reduction will depend on the final prices and to what extent
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New overdue taxes rise at lower rate in Apr, total debt at 104.6 bln
EconomyMacroeconomythe total to 2.73 billion euros compared to 2.51 billion in March. The VAT collectability rate declined and came to 83 percent compared to 91.5 percent in March, while the amount of VAT due came..., in the first four months of the year, the VAT collectability rate came to 83.5 percent, with 2.96
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ND defends plans for three-pillar pension system as SYRIZA looks for weak spot
PoliticsGreek Politicsin the scheme. The other is to reduce the VAT on all food and drink to 13 percent after the government excluded some products from its recent intervention, which included lowering the VAT rate for the food..., bring VAT down to 11 and 22 percent from 13 and 24 within three years and reduce main pension
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Newsletter 212 -28/06/2019
it easier for all taxpayers to be included in the scheme. The other is to reduce the VAT on all food... included lowering the VAT rate for the food service sector. In his note, Petsas said that from 2020... over four years the solidarity tax on income, bring VAT down to 11 and 22 percent from 13 and 24
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Merkel reluctant to discuss targets as Athens prepares bill with wide-ranging tax cuts
PoliticsGreek Politicsthat will have immediate effect is the tweaking of the VAT rate so that all food products... in the top VAT rate of 24 percent to 22 percent, and the middle rate of 13 percent to 11 percent... year. The VAT charged on the sale/transfer of newly built properties will be suspended for three years
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