2022 tax returns: Which electronic receipts will have a tax deduction

The electronic receipts collected by taxpayers from specific professional sectors from the beginning of the year will prove to be “golden”.

Those who pay with electronic money lawyers, architects, hairdressers, barbers, taxis, laundries, photographers, gyms, dance schools and other professionals who are in the “red zone” of tax evasion will find that they will have avoided tax up to 450 euros if their annual income does not exceed 10,000 euros, while if their income exceeds 40,000 euros the tax deduction reaches up to 2,200 euros.

The “revelations” of the list of professions that will give an extra tax deduction of up to 2,200 euros to taxpayers who make electronic payments is now a matter of time. The Ministry of Finance and the Independent Public Revenue Authority have prepared the relevant ministerial decision with the changes in the status of electronic receipts that is valid from January 1, 2022.

The new regulation is valid from 1 January 2022 until 31 December 2025, and provides that from the taxable income of the natural person from paid work and pensions, business activity and real estate, exclusively for the calculation of income tax, is deducted a proportionate amount equal to 30% of the costs of receiving services, for certain costs relating to housing, services, transport, education, leisure, cultural activities. The amount of income deducted does not exceed the amount of 5,000 euros per year.

According to information, the list includes lawyers, architects, hairdressers, barbershops, refrigerators, funeral homes, personal care and nursing services, cleaning and maintenance services, childcare, limousines and taxis, laundries, yacht rental services, consulting services, photographers, construction work, as well as gyms and dance schools.

Taxpayers with electronic receipts for services from professionals who will be included in the list of the Ministry of Finance will have a tax deduction of up to 450 euros if their annual income is up to 10,000 euros, up to 1,100 euros for annual income from 10,000 to 20,000 euros, up to 1,400 euros for income from 20,000 to 30,000 euros, up to 1,800 euros for income from 30,000 to 40,000 euros and up to 2,200 euros if their annual income exceeds 40,000 euros.

 

Source:cnn.gr