In the immediate days the provision for the automatic completion and submission of this provision is expected to be submitted to Parliament for about 1 million and which in 2023 gained income exclusively from salaries and pensions. For these taxpayers (employees and pensioners) the codes in Form E1 will be pre-filled and all they have to do is check the correctness of the information in the declaration. Even if they do not make a statement within the prescribed deadline (up to 30 June), the Independent Public Revenue Authority (ADE) will do so for them, ERT notes. The 12 ‘locked’ codes in Form E1 concern: the data on pensioners (over 65 years old have a 30% discount on the evidence) of the amounts of wages and pensions, the taxes withheld. Deposit interest and taxes withheld for them. Evidence of residences, cars, private school tuition. The repayment of loans – cards. The costs of purchases with electronic money. The dependent children and amounts covering evidence. Free professionals With regard to the tax returns of freelance professionals, the new scheme of hypothetical taxation of professionals, self-employed persons and businesses adds new codes to Form E3 for the calculation of income obtained in 2023. In particular, the new information to be completed by the 670,000 professionals concerns: In the years of operation of the company, the total annual salary costs of employees, provided that the undertaking employs staff, and the amount of the company’s annual turnover. At the same time, taxpayers should declare: If exempt from the new taxation system (multiple or disabled 80% or more) If they are entitled to a reduction in the minimum annual net income to be determined by the new system (they are based in a small village, a disability of 67%-79% etc.). If they fall into a category that is exempt from the presumption of taxation, such as a patient hospitalized, recruited, imprisoned etc. If they want control by the ADE to confirm that its revenues are indeed below the minimum laid down in the law. Time for the submission of statements by 8.5 million debtors has begun to count backwards since according to the schedule end of March the electronic portal of AADE is to open. The income tax will be repaid in eight equal monthly instalments with the first being paid at the end of July and the last in February 2025. If the additional tax is paid once, a 3% discount on the total amount shall be granted.
ADE: Countdown for the provision for automatic completion and reporting for employees and pensioners
—