Search
-
First visit by quadriga to Athens leaves series of issues unresolved
EconomyProgrammeof prior. Fiscal A key issue on the fiscal front relates to VAT on private education, with the quadriga sticking to the European Commission (EC) directive calling for either zero VAT or the regular rate... proposal and the one that was legislated in mid-August imposing a uniform VAT rate of 23 percent on all
6% -
Budget execution improves significantly in Oct, primary surplus reaches 4.53 bln
EconomyMacroeconomyby 14.3 percent to 2.19 billion euros with VAT up 10.6 percent to 1.46 billion and consumption taxes soaring 31.6 percent to 654 million. VAT revenues in particular reached 1.46 billion in October from 1-1.1 billion in the preceding two months and reflect the quarterly VAT payment for the majority
6% -
The pension and revenue interventions Greece has to make to meet its 2016 fiscal target
EconomyProgrammethe fiscal target of 0.5 percent of GDP. The key ones are: 1) VAT streamlining (900 million) following the reshuffling of VAT rates last July and the abolition of the 30 percent discount of VAT rates... column on OPAP games (190 million), a measure decided in November to offset the non-imposition of a VAT
6% -
New overdue taxes climb 1.4 bln in Aug, total stock edges up to 91.6 bln
EconomyMacroeconomyon the evolution of key taxes showed VAT created a gap of 155.89 million since 894.15 million were paid.... Overall, collected revenues from VAT and corporate income tax were around 245 million lower than those due... to VAT, almost 400 million to personal income tax, 340.9 million to ENFIA and 191.3 million
6% -
New overdue taxes jump by 1.35 bln in Sept, driving total stock to 92.8 bln
EconomyMacroeconomytaxes: VAT, single property tax (ENFIA), personal and corporate income tax. Personal income tax created... of this year was due to be paid. VAT created a revenue gap of 97.1 million euros in September. Its... in the 9-month period: 1.28 billion relates to VAT, 790 million to personal income tax, 502 million
6% -
New overdue taxes jump by 1.3 bln in Dec, total stock climbs to 54 pct of GDP
EconomyMacroeconomy) data revealed on Monday. The figures showed that VAT and the single property tax (ENFIA) created... to VAT. However, the number of tax debtors fell by around 165,800 to 4.15 million in December, after... overdue taxes stemmed from four key taxes, namely VAT, personal and corporate income tax and ENFIA
6% -
Newsletter 170 -13/07/2018
not to increase the VAT rate on the five islands in question at the end of June. Although the fiscal... measures to make up for the 28 million euros in revenues that would be lost from not raising VAT... to commit that the VAT rate will be raised from January 1, 2019 on Chios, Kos, Leros, Lesvos and Samos
6% -
New overdue taxes rise by 428 mln in June, total stock above 102 bln
EconomyMacroeconomymonth-on-month in June. The VAT collectability rate increased to 89.3 percent in June, the highest level for the year so far. May’s VAT collectability rate had stood at 85.2 percent. The amount of VAT... basis, the VAT collectability rate came to 83.8 percent for the first six months of the year
6% -
New overdue taxes rise by 489 mln in Mar, total legacy and new debt at 104.5 bln
EconomyMacroeconomyat 2.51 billion euros compared to 2.04 billion in February. The VAT collectability rate rose to 91.5 percent from 80.3 percent in February, while the amount of VAT due came to 889.3 million, declining from 1.10 billion in the previous month. On an aggregate basis, in Q1 the VAT collectability rate came
6% -
New Democracy tax pledges put spotlight on available fiscal space
EconomyProgrammeof cuts lined up for next year, including lower corporate tax, VAT, solidarity tax, trade tax... of this, there are the reductions in VAT that have already been adopted by the previous government, which... reduce VAT, with the top rate dropping from 24 to 22 percent and the middle rate falling from 13
6%