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February 06, 2020

According to the relevant circular, cash registers who have been issued by POL (duplicate ministerial circular) 1234/2002 & 1135/2005 and do not have the ability to interface online with the Independent Public Revenue Authority (AADE) regarding data  sending, have to be withdrawn by May 31st.

Significant increases in pensions are expected to be provided to those with over 30 years of insurance and a salary of more than 1.500€.

Submitting periodic reports is mandatory. According to the article of the Code of Conduct No. 6 of Law 57088 / 24-12-2013, the Accountant-Tax preparer must provide his professional services in accordance with the applicable law.

With the activation of the e-books and their mandatory observance since April 2020, e-invoicing is about to begin, optionally in the first phase and with the aim of becoming mandatory for everyone gradually.

Extension of the submission of the annual financial statements of legal entities of the non-financial sector to the Bank of Greece until January 31, 2020, as it was announced.

In a Press Release on December 12, 2019, the Ministry of Finance clarifies the provision that changes the taxation way of benefits in kind in the form of a corporate vehicle (No. 4 of Law 4646/2019).

The new tax bill, which includes a plan to limit tax evasion, has been tabled by the government in the Hellenic Parliament in order to follow the authorizing decisions and bring its provisions into force in 2020.

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