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  1. Newsletter 205 -10/05/2019

    Newsletters

    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

    6%

  2. PBO sees fiscal target being reached despite expansionary measures
    Photo by MacroPolis

    EconomyProgramme

    and 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

    6%

  3. New overdue taxes rise at lower rate in Apr, total debt at 104.6 bln

    EconomyMacroeconomy

    the 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

    6%

  4. ND defends plans for three-pillar pension system as SYRIZA looks for weak spot
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    in 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

    6%

  5. Newsletter 212 -28/06/2019

    Newsletters

    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

    6%

  6. Merkel reluctant to discuss targets as Athens prepares bill with wide-ranging tax cuts

    PoliticsGreek Politics

    that 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

    6%

  7. New overdue taxes rise by 235 mln in May, total debt at 104.5 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    to 2.93 billion euros compared to 2.73 billion in April. The VAT collectability rate increased to 86.3 percent in May from 75.8 percent in April, while the amount of VAT due came to 1.84 billion... of the year, the VAT collectability rate came to 84.2 percent, with 4.55 billion paid out of 5.40 billion

    6%

  8. Budget primary surplus confirmed at 381 mln in June
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    euros, excluding VAT. The next three largest revenue rises in absolute terms were seen in transfers... noted. This was followed by VAT on other goods and services which outperformed by 630 million euros (+9.3 percent) and includes 271.6 million euros of VAT received in relation to the extension

    6%

  9. Budget primary surplus confirmed at 1.76 mln in July as revenues overtake expenditure
    Photo by MacroPolis

    EconomyMacroeconomy

    from March this year, which came to 1.12 billion euros, excluding VAT. The next three largest revenue rises in absolute terms were seen in VAT on other goods and services, which outperformed the target by 662 million euros or 8.0 percent. This included 271.6 million euros of VAT received in March 2019

    6%

  10. New overdue tax debt comes to 104.8 bln in July, number of debtors jumps
    Photo by MacroPolis

    EconomyMacroeconomy

    to 3.64 billion euros compared to 3.36 billion in June. The VAT collectability rate came to 84.9 percent in July. The amount of VAT due came to 1.21 billion. On an aggregate basis, the VAT

    6%