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> Economy

Four million taxpayers at the tax offices

More than 2 billion Euros are expected to be paid by more than 4 million taxpayers from property and business taxes

Newsroom September 30 10:19

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Long queues of people in front of Tax Offices have were reported on Friday, since it is the last day of the tax payments for millions of Greeks. The economic staff aims to collect 700 million Euros from the ENFIA property tax, 1,2 billion Euros from income taxes and at least 1 billion euros from instalments of old debts.
More than 2 billion Euros are expected to be paid by more than 4 million taxpayers, from property and business taxes.
On the last day of September, taxpayers must pay the first out of the five monthly instalments of the ENFIA tax for 2016, amounting to 700 million Euros. Moreover, they must pay the second out of the three bimonthly instalments for their income tax, estimated at 1,1 billion Euros.

September and November will be the worst two months for the Greek taxpayers who have to prove the taxpaying ability of the country. The Government has made a bet that in 120 days it will receive at least 2,65 billion Euros from the ENFIA tax, 2,2 billion from income taxes and 3,4 billion from old debts.
This means that 6 billion Euros will burden Greek households and 2 billion Euros Greek businesses, when the second semester of 2016 the Economy should have returned to growth, as the Government had been forecasting.
Instead, 774,321 foreclosures of properties, incomes, and bank deposits have already been processed and 1,500,000 citizens are also threatened.

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