Especially for farmers, the burden will be important, which is why they have already announced dynamic demonstrations and blockades from January 23.
The reason is that the new tax legislation introduced in May last year provides for an increase in the rates of taxation not only on their income from salaried services, but also for the (self-taxable) farm incomes. As reported by the newmoney.gr, the tax on agricultural income is calculated on a tax scale starting from 22% (instead of 13% that was in force until now) and even without tax-free.
In particular:
1) With the provision of paragraph 6 of article 112 of law. 4387/2016, it is provided that the net income from agricultural activity continues to be taxed separately, but not with tax rate of 13% in its entirety, as it was until now, but with a tax scale, in which the tax rates start at 22% for annual agricultural income up to 20,000 euro and reach up to 45% for amounts of annual agricultural incomes higher than 40,000 euros.
It is also provided that for those who obtain income from agricultural activities discount tax 1.900-2.100 euro, depending on the number of protected children, which is equivalent to a taxable limit of 8.636-9.545 euro.
But in the case of acquired income from wages and pensions together with income from agricultural activities, the tax reduction is calculated once for the total income.
2) Also, with the provision of paragraph 3b of article 44 of law. 4389/2016, which was passed a few days later, it is provided that taxpayers who are not mainly farmers, as well as, more generally, all those who obtain income from agricultural activity in less than 50% of their total income are not eligible for farm income discount income tax that ranges from 1.900 euro up to 2,100 euros depending on the number of protected children.
The taxpayers excluded from the classification of the main occupation of a farmer, and in general all those who acquire agricultural income at a rate lower than 50% of their total income are not eligible for farm income the tax-free limit of income resulting from the tax deduction of 1.900 – 2.100 euro-and which escalates from 8.636 to 9.545 million.
A result of the above provisions will be aimed at employees and pensioners who acquire and farm incomes be forced to pay a tax increased from 13% to 22% for agricultural income, reaching the amount of eur 20,000. For farm income above the threshold of eur 20,000 will be taxed at banded:
-with a rate of 29%, in the section above 20,000 and up to 30,000 euro
-with a rate of 37% in the segment over 30,000 and up to 40,000 euro
-with a rate of 45% on the portion above € 40,000.
Virtually all taxpayers with farm income, which under the provisions of n. 4389/2017 and 4389/2016 are not entitled to tax-exempt 8.636 – 9.545 million for the self-employed taxpayer, rural income will be required to pay for the income taxes excessively increased.
How exactly will increase the total burden of the taxpayers of these is better than the αναλÏτικό table we list examples of natural persons who have an annual income at 70% of wages or pensions and 30% from agricultural activities.
In general, taxpayers with farm income to be subject to this new επαχθÎστατο tax regime (not only those who are employees and pensioners) exceeding 575.000.
This is because with the new stringent requirements to be considered the main profession farmer, which it had adopted at the same time the government with the provision of paragraph 1 of article 65 of law. 4389/2016, the taxpayers that will sustain the classification, it is estimated that will be limited to 175.000, the time that all those who acquire farm incomes exceed 750 000.
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