- Gradual reduction and complete elimination of allowable variance limits when submitting VAT declarations by 01.01.2025
- The Ministry of Finance and the Independent Authority for Public Revenue are moving towards this goal to facilitate businesses in fulfilling their tax obligations
- New allowable variance limits for VAT declarations have been set for different tax periods
- The automation and digitization of tax processes through myDATA provide benefits for businesses and the state
- The digital reform aims to reduce tax evasion, enhance tax justice, and ensure fair competition among businesses
- Measures are being taken to limit virtual transactions and facilitate the submission of declarations using data stored in the myDATA platform.
Source: minfin.gov.gr
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
