Extension until October 6th for the payment of the special tax

Nearly a week’s extension, in order to pay the first installment of the solidarity surcharge, the trade tax and the tax on luxury living, was announced by the Finance Ministry.

The decision signed by the Secretary General of Tax and Customs Affairs, Mr. Yiannis Kapeleris, allows taxpayers to pay the levy by October 6th.

The extension for payment of the first installment of the “triple tax statement” had been expected since only the task of sending out just 2.3 million related notes has been completed until now. This may have been the first - and largest - lot of tax slips sent out, from which the government hopes to accrue 1.6 billion, looking to boost budget revenues in the coming crucial months, but the clearance of around 1.5 million tax statements means that tens - if not hundreds - of new slips will have to be sent out.

It is noteworthy that the levy may be paid in local tax offices but also in banks, in six equal monthly installments, while the Ministry clarified that the extension provided to debtors gives them either a deduction if a single payment is made, or the avoidance of the imposition of a fine for the payment of the first installment.