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17
Nov 2024
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POS and electronic payments: revealing the hidden treasure of taxis to the tax authorities

myDATA electronic books, POS systems everywhere, automatic VAT declarations, and new measures against smuggling have already brought at least €1.2 billion more into state coffers compared to the seven-month period from January to July 2023

Tax Cuts, Income Increases, and Reduced Imputed Taxation: Greece’s Financial Plans for 2025 and Beyond

Upcoming reductions in social security contributions, changes to out-of-court settlements, and additional housing protection measures

Mitsotakis on the reduction of VAT evasion due to POS: Changes that in Greece were said to be impossible

Mitsotakis stressed that this battle for tax justice is also a battle for social justice

Mandatory Card Payment Signage for Taxis

A special sticker, in Greek and English, will be placed on the rear right door window of the vehicle

POS: Coffee and food delivery at your door with payment by card

Wireless payment machines are coming with pre-loaded orders for delivery

POS: For which purchases up to €10 bank commissions are ‘cut’

In Parliament the amendment for POS - Activation of the monthly circulation fees from 1 May

Hatzidakis: Legislative intervention to reduce bank charges from POS terminals by 50%

The reduction applies to amounts up to 10 euros - Legislative regulation to be submitted within the week

POS: First fines issued to taxis, street vendors & businesses

Checks have begun on professionals and businesses in the 35 retail sectors which are required to have POS terminals installed and accept card transactions from April 1

Changes in internet, credit, debit & pre-paid card transaction

These changes will be implemented in Greece as well as across Europe