ADE: “Invitation” to 18th – Who are excluded

Mandatory declaration to the 18-year-olds should be made even if they have a euro in their income. Those young and young who earned any real or presumed income last year regardless of whether they are protected members, should submit their own tax return this year, according to the ERT. Tax legislation provides that once the natural person completed 18 years of age in 2023 and had any income, he is obliged to submit a tax declaration. In addition, a young person or a young person is required to submit a tax return on his own this year, provided that: He does not live in the same house as his parents but resides in a building in which he owns even a small percentage of full ownership or profit or a building that was granted free of charge by his parents or a friend. It has in its name any other asset taken into account as a living presumption (IX car, vessel, etc.) He obtained within 2023 any other income (e.g. from wages, allowances, rents, occasional employment, agricultural or business activities, equity gains, bonds, mutual funds, etc.) He established within 2023 any business in his name He proceeded within 2023 to start a liberal profession He is married or married at the time of submission of the tax declaration. Who are excluded The only 18-year-olds who are not obliged to submit their own income tax statement this year are those who last year had no income or assets that constitute evidence (house, car, etc.), since they were accommodated in parents’ homes, other relatives or friends, or if they are students and because of studies residing with rent in another city than that in which their parents live. New taxpayers, in order to pass through the digital portal of AADE in order to submit a tax return, should have a Tax Register Number and passwords on Taxisnet. ADE has automatically granted IT to young people from 12 to 18 years of age and those who do not have a key number should follow a new digital process to obtain codes and be able to submit their tax returns.