Taxman to put 700 freelancers on the spot

The audit mechanics of the tax bureau is targeting 700 freelancers who person disputed their presumed income and are requesting a reappraisal of their tax burden, efficaciously opening the doorway to in-depth audits of income, banking transactions, assets and user spending. With the caller framework, the tax medication is attempting to representation the true fiscal representation of professionals, considering that the declared incomes often bash not correspond to reality.

The Independent Authority for Public Revenue (AADE) is preparing the audit orders connected income and assets, while successful the autumn those who person declared successful this year’s tax instrumentality that they quality the tax imposed connected them based connected the system of minimum presumed income will beryllium targeted. That will beryllium extended to professionals who state peculiarly debased incomes arsenic well arsenic accrued expenses.

The AADE Business Plan foresees the completion of astatine slightest 700 targeted audits within 2026 connected freelancers arsenic well arsenic radical successful their environment.

Last year’s tax returns showed the mean yearly declared income of fractional of the professionals had reached lone €3,665, oregon €305 per month. The effect was to activate the presumption of income for 387,532 taxpayers retired of a total of 714,465, artificially raising their income to €13,107 that meant mean tax dues of €1,815.

This shows that the attraction of the existent system of taxation of freelancers makes sense. This representation brings to the fore the perennial contented of tax evasion, arsenic the numbers are too debased to beryllium convincing. The state present believes that maintaining the existing system of taxation of freelancers is wholly justified, since a ample percent continues to amusement fictitious incomes, hiding astir of the existent profits.

Audits will absorption connected invoices, income and expenses that will beryllium cross-checked with myDATA data, to beryllium extended to slope deposits, cryptocurrencies, movable and immovable assets, and adjacent to expenses for holidays and idiosyncratic oregon household trips successful Greece and abroad.

Professionals who petition an audit due to the fact that they bash not hold with the tax they are required to wage this year based connected their presumed income should state successful their timely tax instrumentality that they wish to quality the minimum income, requesting a tax audit.