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Property Tax

Guest, you are viewing the Greek Life, Travel To Greece Forum Post New Topic Register Login Search The Forum Display List of Forum Members
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  Travel To Greece Forum : Greek Life
Subject Topic:

Property Tax


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Message posted by TerryR1 on 09 August 2011 at 11:11am - IP Logged Legal Disclaimer
TerryR1
Corfu
Hi All
Is anyone aware of the introduction of a new tax law for owning property in Greece, and if so can you share your knowledge?

Thanks

T

Message posted by Elliemay on 09 August 2011 at 11:19am - IP Logged Legal Disclaimer Corfu Photos
Elliemay
Corfu
Hi this previous topic may or may not be of help to you.

Annual Tax Return

Message posted by Peter G Ross on 09 August 2011 at 12:15pm - IP Logged Legal Disclaimer Corfu Photos
Peter G Ross
Corfu
See current Athens News for details - sliding scale of tax related to value of property, looks like our house is valued at 350K with 300 Euro to pay - if only!

              

Message posted by Peter G Ross on 09 August 2011 at 12:22pm - IP Logged Legal Disclaimer Corfu Photos
Peter G Ross
Corfu
Further to previous post:
value 200k 0 tax, 220 40 Euro,250 100,300 200,350 300,400 400, 450 500, 500 600, 600 900, 700 1500, 800 2400.

How they arrive at their valuations is a mystery to me and is there an appeal process or some alternative method of obtaining a reduction - nudge nudge!

Message posted by Mrs D on 09 August 2011 at 1:48pm - IP Logged Legal Disclaimer Corfu Photos
Mrs D
Corfu
Hi Peter

Can you post a link to the article please, as I can't seem to find it.

Message posted by Peter G Ross on 09 August 2011 at 2:44pm - IP Logged Legal Disclaimer Corfu Photos
Peter G Ross
Corfu
It's in the paper, you need to go out and buy it - it didn't say a lot more than I posted - they've just lowered the ceiling from 400k to 200k.

Message posted by tosheroo on 09 August 2011 at 3:39pm - IP Logged Legal Disclaimer Corfu Photos
tosheroo
Corfu
Hi Peter
Is that a one off payment for buying property or the annual tax? If annual does that mean that any property worth less than 200K is tax free? Our property is a very small (45sqm + upstairs so therefore 90sq m of living space in all) valued at the most 100K and we had to pay E500 for property taxes from Jan 2010-May 31st 2011...(we could have transferred E11000 to our Greek bank account and not paid any tax - but unfortunately we havent got that sort of money spare (I wish) I am totally confused.

Message posted by DCV on 09 August 2011 at 3:52pm - IP Logged Legal Disclaimer Corfu Photos
DCV
Corfu
tosheroo - join the club

Alison

Message posted by TerryR1 on 09 August 2011 at 4:33pm - IP Logged Legal Disclaimer
TerryR1
Corfu
found this:

http://www.athensnews.gr/issue/13455/45873

Message posted by anna ka on 09 August 2011 at 5:13pm - IP Logged Legal Disclaimer
anna ka
Corfu
I too didn't transfer the funds over to my Greek bank account for the year ending April 2011 on a 55sqm property. My fine was 130 euros.
My English neighbour did transfer the funds on the same size property at a cost of 250 pounds in bank charges.
 




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