Restaurants, bars and the self-employed forced to have card terminals from August

18 June 2016
125 Views

The government is hoping that August will see a rise in the number of electronic transactions in Greece, to better enable it to monitor money flows and beat tax dodging.

According to sources, enterprises and self-employed professionals, mainly in domains ranking high in the tax evasion list, will be obliged to have card terminals for online transactions using credit and debit cards as of August.

Consumers will still have the option of paying by cash or card, but as of August 1 taxpayers will only enjoy a tax discount (ranging from 1,900 to 2,100 euros depending on their family status) by collecting receipts from payments made with the latter, along with e-banking receipts.

In fact, for transactions made using cards taxpayers will not have to hold on to their receipts for their tax discount, as banks will forward all records of payments taxpayers made via credit or debit cards in their name to the General Secretariat for Public Revenues.

Crucially, as of August 1, bars, clubs, restaurants, doctors, lawyers and construction-related professions (plumbers, electricians etc.) will all be obliged to have card terminals. Further, any new enterprise that applies for an operating license must also have a POS, Kathimerini understands.

You may be interested

Global tourist arrivals break 7-year record in 2017, UN Barometer reveals!
GREECE
shares18 views
GREECE
shares18 views

Global tourist arrivals break 7-year record in 2017, UN Barometer reveals!

Panos - Jan 17, 2018

Global tourism recorded its highest growth in 2017, with international arrivals rising by 7%, a performance well over the 4%…

Five foods to help you eliminate nicotine from your body
GREECE
shares24 views
GREECE
shares24 views

Five foods to help you eliminate nicotine from your body

Panos - Jan 17, 2018

Nicotine causes a rapid increase in blood pressure and serious damage to the lungs. In addition, even if someone stops…

Piraeus Port Gets Ready To Welcome Mega Vessel
FINANCE
shares55 views
FINANCE
shares55 views

Piraeus Port Gets Ready To Welcome Mega Vessel

Panos - Jan 17, 2018

Greece’s shipping industry is showing serious signs of growth as a Piraeus port in the throes of a multi-million-euro expansion…

Leave a Comment

Your email address will not be published.