Additional Taxpayer Relief | eKathimerini.com

Reduced VAT rates will be maintained on passenger transport services, soft drink and beverage distribution services, cinema, theater and concert tickets, sports halls and dance schools and the package tourism.

The 2023 draft budget, presented to Parliament on Monday, provides relief measures of 3.5 billion euros, which will lead to an increase in taxpayers’ disposable income, while at the same time an additional 1 billion euros is planned to be made available to taxpayers. deal with the energy crisis, bringing the interventions to 4.5 billion euros.

The definitive abolition of the solidarity levy, the maintenance of reduced social security contributions and the extension of low VAT rates are the measures which will cost the budget the most.

The positive development of income next year and the higher tax amounts that will be paid by legal entities thanks to the growth of 2022 will allow the above interventions.

The budget provides in particular for the definitive abolition of the special solidarity levy for civil servants, pensioners and the private sector (tax cost: €1.24 billion).

Reduced VAT rates are maintained on passenger transport services, soft drink and beverage distribution services, cinema, theater and concert tickets, sports halls and dance schools and the package tourism (cost: 246 million euros) as well as the suspension of VAT for new buildings (cost: 18 M€).

The 3-point reduction in social security contributions for employees in the private sector will be maintained (cost: €871 million).

The budget also provides for a fund of one billion euros to support households and businesses in the face of the energy crisis. Of this amount, 700 million euros are intended to subsidize households and businesses and the rest to public administrations.

According to the draft, taxes next year will increase by 1.58 billion euros to 56.19 billion euros from 54.6 billion euros this year. Additional revenue compared to this year will come from indirect taxes and income tax, mainly from legal entities. Taxes on goods and services (indirect taxes) should reach 32.14 billion euros, up 668 million euros compared to 2022, of which 563 million euros will come from the increase in VAT collections. Income tax is expected to reach €17.24 billion, up €682 million from 2022.

As for the ENFIA property tax, it will be maintained at the 2022 level of 2.38 billion euros.

Comments are closed.