03/04/2015 16:30
The Single Property Tax (ENFIA) will be abolished, an amendment on unpaid rents will be tabled and the tax-free threshold will rise to 12,000 euros per year, Alternate Finance Minister Nadia Valavani announced on Thursday, while Minister Yanis Varoufakis stated that “we will see the end” of the solidarity tax. However the two officials disagreed on the issue of a value-added tax hike on certain islands, highlighting that there is no common position on the issue within the ministry.
The prime minister’s office also said that the ENFIA tax will be abolished within 2015 and replaced by the Large Property Tax (FMAP), and that the new tax bill will be submitted in Parliament during the second half of the year, including the 12,000-euro tax-free threshold for 2015 incomes to be declared in 2016.
The prime minister’s office also said that the ENFIA tax will be abolished within 2015 and replaced by the Large Property Tax (FMAP), and that the new tax bill will be submitted in Parliament during the second half of the year, including the 12,000-euro tax-free threshold for 2015 incomes to be declared in 2016.
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