Overdue debts to the tax office up by €1bn in October

18 December 2018
653 Views

A report released by the Independent Authority for Public Revenue (AADE) showing overdue debts in October reflected the impasse thousands of borrowers were faced with in September when they were unable to make payments for simultaneous outstanding debts via instalments for income and property tax, VAT etc.

According to these figures, in October, an additional 996 million new arrears were added to the state, of which 972 million were due to the increase in tax revenues.

In more detail, income tax liabilities increased by €507.3 million, property taxes owed by €173.6 million, VAT receivables by €203.1 million and debts from fines by €47 million.

With 7,066 additional seizures against public debtors, about 1,155,649 debtors are now liable for forced seizures, while 635,091 more are waiting for their turn. The total number of debtors with debts to the tax office amounts to 4,199,379.

You may be interested

The first Aegean Hawk S-70 helicopter was delivered to the Hellenic Navy by Aeroservices
GREECE
shares36 views
GREECE
shares36 views

The first Aegean Hawk S-70 helicopter was delivered to the Hellenic Navy by Aeroservices

Panos - May 07, 2021

The first upgraded Aegean Hawk S-70 helicopter was delivered to the Hellenic Navy today, Thursday 6 May. The work on…

Foreigners looking to buy Greek property amid Covid-19 pandemic
FINANCE
shares46 views
FINANCE
shares46 views

Foreigners looking to buy Greek property amid Covid-19 pandemic

Panos - May 07, 2021

Despite the pandemic, the demand for a permanent holiday home in selected destinations in Greece by foreigners is on the…

Greek Taxisnet services not available for citizens over weekend
FINANCE
shares42 views
FINANCE
shares42 views

Greek Taxisnet services not available for citizens over weekend

Panos - May 07, 2021

Online services on the Taxisnet platform system will not be available to taxpayers over the weekend due to scheduled upgrading.…

Leave a Comment

Your email address will not be published.