Clearing the ENFIA, people will look at Taxisnet within another week, which would include reductions in tax in 10% – 30%….
for all individuals, under the provisions passed in late July.
The ENFIA can be repaid over 5 monthly installments, the first to 30 September 2019 (simultaneously with the second installment of income tax) the last to 31 January 2020.
The reduction varies depending on the total value of the property of individuals as follows:
- For property value to 60.000 euro, decrease 30%
- For property value to 70.000 euro, decrease 27%
- For property value to 80.000 euro, decrease 25%
- For property value to 1.000.000 euro, decrease 20%
- For property value over 1.000.000 euro, decrease 10%
The ENFIA will be calculated based on existing objective values and the total tax (main and supplementary ENFIA) the reduction factor will be applied 10% – 30%, depending on the amount of real estate.
The total value of real estate does not count the value of the rights on land outside the city or town plan, while the reduction applied to the ENFIA arising after the determination of reductions Article 7 of Law. 4223/2013 (A 287).