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Re: May9 Greeks Dig Even Deeper into Pockets
Reply #3 - 31. May 2016 at 14:56
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Actually, I think it starts on June 1st (tomorrow). The cost of alcohol and cigarettes is going up. All the shopkeepers are racing into town to get their tills upgraded to 24% VAT.
  

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Re: May9 Greeks Dig Even Deeper into Pockets
Reply #2 - 20. May 2016 at 16:37
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The main changes take effect from July 1, 2016.
  

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Re: May9 Greeks Dig Even Deeper into Pockets
Reply #1 - 10. May 2016 at 20:56
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and I forgot to mention the new tax on COFFEE of all things
  

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May9 Greeks Dig Even Deeper into Pockets
09. May 2016 at 10:57
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We woke up to 1% hike in Greece’s VAT to 24%; Supplementary pensions cut; all fuels Up; New - 5% on Internet, 10% on PayTV subscriptions + new Ecigarettes tax. Tobacco duty up: three days of reactionary strikes; 10th Crete Marathon won and more.

Parliament, dominated by left wingers and communists capitulated to the Troika’s demands on Sunday. They passed a raft of further punitive tax measures. The law makers said they tried to lessen the impact on the poorest by leaving state pension alone; but many older Greeks rely on supplementary pensions to get by. The latter have been cut. IMF may exit the Troika over Greece says Legarde who believes Greece is not on track to honour its commitments. What’s new? The Greeks are trying …. and suffering.

Having said that, tax bands are being adjusted to ensure everyone pays something even the lowest wage earners.

ENFIA (property tax) valuations being adjusted. What this means is that to avoid losing revenue on sliding objective valuations, it is likely there are hidden surprises yet to come.

The dreaded local accommodation tax has been agreed for 3star accommodations and above. This brings Greece in line with much of Europe. Other countries called it a local municipal tax - I think.
Our earlier story on thishttp://www.britsincrete.co.uk/cgi-bin/bicforum/YaBB.pl?num=1460797976/

This is only a summary of what the Greek press is reporting…..

But you know what? The sun is shining; the vegetables are growing well as a result of heavy rains also in Crete. It seems every spare chunk of soil around villages is being utilized.  Now that is the positive end of the story. Even on the dullest of days it seems better in Greece than dour sunlight to be found in Northern Europe. It is the start of the visitor season. Surprisingly the locals themselves seem more upbeat this year than last. Tourists are more welcome than ever.

The other day I stood in a long line at check out at Lidl's. They were all tourists stocking up with their booze, ciggies and it looked like comfort foods. Greece is still a reasonable price for many who come for the country's famous attributes.
« Last Edit: 09. May 2016 at 11:04 by admin »  

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