The property, which is cheaper than €500 for sq.m now taxed from €2 for sq.m. The property, which is worth more than €8,500 is taxed €23.1 sqm. In 2014, the rates will be raised again, reports the portal ee24.com.
The tax on housing is calculated from the 33 rates, which range from €2 to € 23.1 per square meter. The entire amount is calculated from multiplying the tax rate on the size of the apartment and its coefficient of age. In 2014 it is planned to collect tax revenues amounting to €4.15 billion.
The property cheaper than €2,000 for sq.m will be taxed a larger sum, if the owner also owns undeveloped land or part-time farms that were previously not taxed.
Rates of land tax levied at a rate of €10 to € 600 per hectare. Long-term unemployed and individuals whose incomes are below the poverty line will be spared from having to pay it. Tellingly, the new property tax brings together all existing fees. Specifically, the bill provides the abolition of the tax on the transfer of property.
The new tax applies to commercial, industrial and agricultural property, which will be, according to expert estimates, 25-30% of the total tax payments. Among other things, the new tax is transitional and will be changed in the next three years.
Using this and similar taxes Greek government is trying to fill the state coffers and save the country from financial ruin. In addition, before the end of 2014 is planned to make massive layoffs of state employees.