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How to build the tax-free limit the 2020, what changes are coming

28/07/19 16:07
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Home GREECE-WORLD

How to build the tax-free limit the 2020, what changes are coming

by sierafm
28/07/19 16:07
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Maintaining the tax-free limit at 8.636 euro, but with changes in its construction examines the financial staff of the government, according to an article in the newspaper "Kathimerini tis Kyriakis".

According to the post, the prevailing scenario predicts, that the tax-free limit up to 6.500 euros will be achieved with the value of electronic transactions required today, however for the extra amount up to the limit of 8,636 more electronic transactions will be required from’ The,what today, without having so far determined the amount of these transactions. With this proposal it is evaluated by the financial staff, that the institutions' reservations about the budgetary implications of tax-free retention will be reduced.

Specifically, the plan of the financial staff for the tax-free provides:

Fixed tax-free limit 6.500 euro
Increased tax-free of their order 8.636 euro
For incomes up to 10.000 electronic transactions will be required in the amount of 10%
For income from 10.001 to 30.000 electronic transactions will be required in the amount of 15%.
For income from 30.001 and above electronic transactions will be required 20%.

In addition, The government's plan also includes the reduction of the first personal tax rate from 22% in the 9%, which will apply to incomes up to 10.000 euros increased by 1.000 euros for each child. Changes are also planned in the taxation of rental income.

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