Number of ‘hosted’ people drops in Greece due to new handout policy

In only one year some 400,000 “guests” have vanished from the income tax declarations of Greek taxpayers; they used to be declared as “hosted individuals” staying rent-free in the homes of other taxpayers, ekathimerini.com reports.

There are two reasons for this sudden drop. The first is related to the change in the government’s handout policy, which has linked eligibility for the so-called social dividend and for cheaper electricity rates from Public Power Corporation to the “hosted individual” factor: When a guest leaves a household, this paves the way for the payment of two social dividends, one to the hosting person and one to the hosted one.

It is not surprising that this year the number of social dividend recipients has already grown far above that of last year, even though there has been no change to the income criteria applied. The number of recipients have already reached almost 1.6 million, with the application process continuing until Friday, December 21.

The second factor is related to the cross-checks carried out by the Independent Authority for Public Revenue, that are intended to root out false guests, or people who chose to declare they are being hosted by others in order to avoid the tax consequences of high rental payments.

RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinations Greek travel marketGreek tourism statisticsGreek tourism report

 

+ posts

Subscribe to our Newsletter

Follow Us

NEWS FEED

Visit Vavoulas Website
Amaronda Hotel — Book Online