Greek PM Kyriakos Mitsotakis announced a series of measures to support the economy responding in Parliament to a question submitted by Fofi Gennimata during the PM’s hour on Friday. The measures amounted to 3.5 billion euros to support workers and businesses.
As the Prime Minister announced:
– We are scratching the advance tax for businesses whose turnover in the first half of the year is 35% lower than that of 2019
– For other companies, it will range from 30% to 70%
– We are scratching the advance tax for seasonal businesses. That is, those which record at least 50% of their turnover in the third quarter of the year
– The 50% advance payment will be paid by those professionals who are not required to submit VAT
– We are launching the 3rd round of a refundable advance payment of 1 billion that will concern both sole proprietorships and those without a cash register.
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