The extension until the end of July for the one-time repayment or payment of the first of the 96 installments of the repayable advance was announced from the podium of the General Assembly of the Panhellenic Hoteliers Federation by the Minister of Finance, Christos Staikouras. After the issuance of the decisions, the independent authority for state revenues AADE will proceed with the issuance of the liquidations with the amounts that must be returned to the state by the approximately 700,000 companies and professionals.
The Minister of Finance also assured that the low VAT rates in catering and transport will be maintained until the end of 2022.
The amounts
The amounts of the refundable deposit are cut by up to 75%. The write-off of the amounts is scaled according to the reduction of the turnover and the time of starting the activity. In particular, companies that have started operations before January 1, 2019, did not open a branch from April 1, 2019 to December 31, 2020, have positive gross income in 2019 and have complied with the job retention clause return:
– 25% of the aid, provided that the reduction of revenues from sales of goods and services of the company in 2020 exceeds 70% in relation to revenues from sales of goods and services in 2019 and the company shows losses before taxes in 2020.
– 33.3% of the aid, provided that the reduction of revenues from sales of goods and services of 2020 of the company amounts to at least 30% and up to 70% in relation to revenues from sales of goods and services of 2019 and the company records losses before taxes in 2020.
– 50% of the aid to the other companies.
Businesses that have started operations after January 1, 2019 or opened a branch from April 1, 2019 to December 31, 2020 or have zero gross income in 2019 and have complied with the job retention clause return:
– 25% of the aid, provided that the reduction of revenues from sales of goods and services of the company in 2020 exceeds 30% in relation to revenues from sales of goods and services in 2019 and the company shows losses before taxes in 2020.
– 33.3% of the aid for the other companies.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Tender for Repairs on Athens Olympic Stadium’s (OAKA) Iconic Roof
Tender for OAKA project, which is expected to exceed 78 million euros, stipulates that repairs, maintenance must be conducted while venue remains open for events
Louis-Dreyfus Family Eyes 21% Stake in Thessaloniki Port
The newly created Amsterdam-based LeonidsPort company has submitted a voluntary public offer for 21%
EUIPO Throws Out Turkaegean Trademark
The trademark had been filed by the Türkiye Tourism Promotion and Development Agency (TGA) in 2021 and immediately generated heated opposition by Athens
Economic Sentiment Indicator in Greece Drops Slightly in Dec.
The data revealed that the primary drivers of the slight drop were the industrial and retail trade sectors. Conversely, construction and consumer confidence improved.
Greece’s Trade Deficit Surges by 18.7% in Nov. 2024
For the first 11 months of 2024, the total value of imports reached 77.3793 billion euros, a 1.9% rise compared to 75.9482 billion euros in the same period of 2023.
Installing EV Chargers in Your Building is Harder than You Think
So, you just bought an EV in Greece and can’t wait to set up a charger in your apartment building’s parking space? Not so fast—there are a few hurdles you’ll need to clear first.
Greece Announces Grants to Unemployed for New SMEs
Unemployed individuals seeking 12-month grants to fund the creation of new SMEs can apply online until January 21.
Port of Piraeus Reports Record-breaking Year for Cruise Sector
First cruise ship of the season, Viking Saturn, greeted at Greece's largest, busiest port
Greek Energy Minister Skylakakis Announces Subsidies to Mitigate Electricity Prices
“When prices exceed a certain threshold, we intervene,” said Skylakakis
Mitsotakis: Greece is a Beacon of Stability in an Unstable World
Greek Prime Minister Kyriakos Mitsotakis described Greece as a "beacon of stability in an unstable world" following the Epiphany water blessing ceremony at Dexameni Square in Athens.
