The draft law of the Ministry of Finance “Measures to limit tax evasion”, which contains important tax regulations. There you will also see POMIDA’s comments so far on articles 14, 20, 28 and 29 of the draft law.
Regarding the s.n. this, the Press Office of the Ministry of National Economy and Finance issued the following announcement:
On the occasion of yesterday’s speech by Prime Minister Mr. Kyriakos Mitsotakis at the TIF, POMIDA points out the following:
Yesterday, the prime minister made announcements in relation to real estate, concerning the gradual expansion of mandatory building insurance and intervention in short-term residential leases.
Thessaloniki is preparing to experience a dynamic three-day exhibition from 10 to 12 November 2023, with the organization of the 2nd Real Estate Expo North, at the International Exhibition & TEF – HELEXPO Conference Center, in stand 16.
The Real Estate Expo North is the only real estate and investment fair, giving domestic and international investors the opportunity to explore the real estate market in Northern Greece. In parallel with the organization of the 38th Philoxenia – Hotelia, the international hospitality exhibition for hotel, restaurant and catering professionals, participants will have the opportunity for networking and professional agreements.
POMIDA sent a request to AADE for the extension of two important deadlines that are of interest to property owners and expire on 30.6.2023, with an immediate response from AADE, since with the No. A1092/2023, the decision of the Governor of Mrs. Giorgos Pitsilis was extended by one month, i.e. until the end of the deadline for submitting tax returns (31.7.2023), the deadline for declaring the end of real estate leases.
POMIDA’s letter read as follows:
A series of new regulations are put into effect immediately to facilitate the long-suffering process of real estate transfer, with decisions of the Governor of AADE Giorgos Pitsilis.
The new procedure regarding the ENFIA certificate is expected to be implemented from June 1, 2023, which will read as follows:
The Guide to the new Subsidy Program for the energy upgrade of homes“SAVE 2023” was published in the Government Gazette. The purpose of the program is the energy upgrade of homes, owned or rented, by subsidizing part of the required cost of materials and works.
1) Which residences are considered eligible and can be included in the program
In order to have the right to include a residence in the program, you must:
Opens from 18.5 to 15.9.2023 for young people born between 1/1/1984 and 31/12/2005, the electronic platform for submitting applications for the financing program for the energy, functional and aesthetic upgrading of homes, owner-occupied or rented, by subsidizing part of the required cost of materials and their work . It is recalled that the immediate opening of this platform was requested by POMIDA from the competent ministers who attended its pre-election event on 4.5.2023.
With his circular, the Governor of AADE Giorgos Pitsilis clarifies when, in accordance with the applicable legislation, the sale of real estate by individuals can be considered by the tax authority as a hidden activity, the result of which must be taxed as business profit. Particularly interesting is the provision of par. 4 according to which the scope of the provision in question includes not only the systematic performance of similar transactions but even the individual transaction of sale by a natural person, as long as the purpose is profit, unless this concerns an asset that has been acquired through inheritance or as a gift from relatives up to the second degree or has been held for a period of time longer than five (5) years.
The “Spiti mou” loan program concerns the granting of low-interest or interest-free mortgages to young people and young couples, aged from twenty-five (25) to thirty-nine (39) years old , for buying a first home. Loans are granted through the cooperating Banks and the application is submitted to a Bank of the borrower’s choice.
Significant improvements in the tax procedures for property transfers (purchases, sales, donations, parental benefits, inheritances) were implemented based on a new circular of the governor of the Independent Public Revenue Authority (AADE), in accordance with the provisions of Law 5036/2023 and valid from March 28, 2023. With the clarifications and instructions provided for in the new circular, the procedures for notaries are streamlined and taxpayers are facilitated in handling their cases. In particular:
The Thessaloniki Property Owners Association actively represents property owners, highlighting their issues and proposing solutions for their resolution, while also providing information and support to its members.
