Self-employed individuals who estimate that their taxable income for the running year will exceed €19,500 have the following obligation until July 31:
1. Submit the calculation (estimate) of taxable income for the running year,
and
2. Pay the provisional tax for the first half of the running year.
Taxable income is the amount: SALES minus EXPENSES minus SOCIAL INSURANCES minus GESY minus OTHER DEDUCTIONS. If the estimate is that after all these deductions the amount will be below €19,500, self-taxation is not required (the penalty for not proceeding with self-taxation is 10% on the tax amount, and since it is €0, there will be no penalty).
If the earnings estimate for the running year is that Income Tax will be paid. Fill out the form to download the PDF guide with directions for submitting the self-taxation or email us at mail@logistaras.com to send you the Guide.
*If you prefer to download the guide in Greek, switch to the ΕΛ tab before submitting your form.