Automatic tax returns: In the “relandi” processes run – What applies to property income

A few weeks before the start of the completion period , and while the “opening” of their announced automated version are expected, there is ambiguity among professionals in the industry about the details of the new ones . Although tax returns are expected to start at the end of March with the opening of the electronic application (last March 31st), the relevant circular has not yet been sent so that tax officials and accountants have all the instructions for regulation – supplementing them. It is recalled that AADE had given a timetable until 29 February so that companies and public bodies could send assurances of remuneration, pensions, fees from business activity and income from dividends, interest, rights to be pre-filled in the declarations of about 1 million taxpayers. As industry professionals say in, they are quite cautious about what facilities the new arrangements will bring about. This is because, as the tax technician Ilias Hadjigeorgiou of Panteli Panayiotis & Associates mentioned, in the last five years in the field of income in the statements there has been a pre-completion. According to the estimates, what will change is that the particular data from this year will be ‘locked’ and a modified statement will be needed in the event of a taxpayer’s disagreement. In any case, it is pointed out that, for the final details, professionals and taxpayers should wait for the reason for greater clarity. What will apply to property income What is clear is that it will not change as of this year, is non-wage and pension income statements. Although in the government plans it is from the 2025 declarations to join the arrangement and to show pre-paid income from real estate, company capital participations, with the E2 codes in which taxpayers show income from rents or vacant and free of charge real estate, they will also be supplemented by AADE, but it is noted that for this year there was no time to collect and supplement these figures. Thus, as in previous years, real estate income (employed/retired, dependent adult children, students etc) should “manually” supplement their E2 revenue.