IRIS: New “ultimatum” from the AADE followed by a fine of 1,500 euros

The clip is moving retired for immoderate 800,000 freelancers to registry with the IRIS strategy and judge nonstop payments to their relationship from their clients. The deadline is little than a week away, but the latest figures (Friday, August 22) amusement that lone 393,000 professionals and self-employed radical had gone done the process, oregon astir 50% of those liable.

Those who bash not link to IRIS hazard a good of €1,500. In addition, those who bash not registry a concern relationship volition wage a good of 1,000 euros. In lawsuit of complaints from citizens astir non-acceptance of payments with IRIS by professionals, these volition beryllium notified for inspection by the taxation authorities.

The Independent Public Revenue Authority (AADE) is preparing to nonstop a caller idiosyncratic connection to freelancers and self-employed persons up of the deadline, and pass them that the compliance deadline has been postponed to Monday 2 September, fixed that the 31 August deadline is simply a Saturday.

This is the 2nd wide mailing of informing notices (the archetypal took spot connected 8 August), arsenic implicit the summertime the regular registration complaint reached 427 professionals. In the play from 8 to 22 August (after the sending of the messages by the ADA), the mean regular idiosyncratic registration complaint successful IRIS P2B accrued fivefold, reaching 2,173 registrations.

The competent authorities, having the information from the banks astatine their disposal, volition motorboat sweeping checks to place the offenders. From the opening of the twelvemonth until August 22, the usage of IRIS by professionals accrued tenfold with astir 300 1000 transactions (290,931), portion the magnitude moved done IRIS (for each products) successful the aforesaid play reached €3.37 billion.

This year, 5 caller banks were added to the IRIS P2P (private-to-private) and IRIS P2B service, bringing the full fig of banks to 12 from 7 that had it successful 2023 and lone 4 successful 2021.

Easy activation

Activating the service, whether for individuals oregon professionals, is done done their bank’s mobile app, with a precise elemental process. Payments are made utilizing lone the recipient’s mobile fig oregon by scanning a QR Code, via the bank’s mobile app. Confirmation of transactions requires the usage of biometric information (facial oregon fingerprint capture) and confirmation of the recipient’s sanction earlier sending. The wealth is credited wrong 2 seconds to the recipient, who is instantly informed astir the transportation of the wealth and the sender’s details.

IRIS has 3 services:

– IRIS Person to Person: contiguous transportation of wealth betwixt individuals, without committee (up to €500/day).
– IRIS Person to Business: for outgo to sole proprietorships oregon freelancers. Prerequisite is the registration of the nonrecreational with a concern slope account. Note that the bounds of €500 for the nonrecreational is per lawsuit and not connected the full magnitude of wealth he/she tin person per day. The lawsuit is not charged immoderate interest for the service, and the committee for the nonrecreational is importantly little than for different outgo methods.
– IRIS Commerce: for outgo successful online shops, without outgo details being shared with the merchant. The bid is completed wrong a fewer seconds. At the aforesaid time, determination is nary bounds connected the magnitude and nary registration to the work is required for the customer.

As already announced by the Minister of National Economy and Finance, Kostis Hatzidakis, by March 31, 2025, the nonstop outgo strategy volition beryllium extended to each businesses. The enlargement covers the full scope of transactions, some e-commerce and carnal commerce. Hatzidakis had besides recommended that banks summation the regular bounds for consumers to usage the IRIS strategy to 500 euros for transfers to individuals positive 500 euros for payments to businesses, for a full of 1,000 euros a time from the existent 500 euros.