The Independent Authority for Public Revenue (AADE) has published the new E1 tax return form, which incorporates tax relief for closed properties that were opened and leased in 2024, as well as for properties that went from short-term back to long-term leases, for employees who receive tips and for professionals who are entitled to a 50% reduction in their presumed income based on population criteria.
Also, the tax office’s settlement note will only include the settlement of income tax and luxury tax, since the levy for practicing a profession (“telos epitidevmatos”) has now been removed from the tax obligations of individuals.
According to the changes that have been made, taxpayers with a debit settlement have the option of paying the tax in eight monthly installments, with the first installment being due by the end of July, or in a lump sum by the end of July with a discount ranging from 2% to 4%, depending on the time of submission of the return.