Thessaloniki International Fair: How the tax imputed expenses are reduced for houses, boats, and cars - Changes apply from this year's incomes
With the tax reform announced by the Prime Minister at the Thessaloniki International Fair (TIF), imputed expenses ("tekmiria") for residences, cars, and boats are being modified and reduced. However, for swimming pools and other categories, they remain unchanged. For cars, the reductions are based on emissions and fuel consumption. However, cars registered before 1/11/2010 are not included in the changes - their imputed expenses remain as they are (based on engine size). Additionally, dependent children with their own income will now be exempt from the minimum imputed expense of €3,000. This measure benefits thousands of families whose children become adults, file their own tax returns, but were still burdening their parents with the additional €3,000 imputed expense because they were declared as dependents on form E1. According to the Ministry of Finance, the annual benefit is estimated at €40 million, affecting about 477,000...
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