In response to covid-19 outbreak, the Finance Ministry announced tax relief measures for households and businesses, including:
- The provision for the possibility of paying the income tax of natural and legal persons of the tax year 2020, in eight equal monthly installments.
- The 3% discount for individuals, provided that the income tax return is submitted by 28 July 2021 and the resulting tax is paid in a lump sum until 30 July 2021.
- The possibility of timely submission of the declaration of natural and legal persons until 27 August 2021, with the payment of the first two monthly installments.
- The provision for the possibility of paying ENFIA in six (6) equal monthly installments, with the first installment in September 2021.
- The abolition of taxation based on objective living criteria for those affected by the pandemic, if in one of the two (2) previous tax years there was no application of the alternative way of calculating the minimum tax.
- The non-imposition, on the affected taxpayers and taxpayers over 60 years, of the tax increase that arises if the declared amount by electronic transactions is less than 30% of the actual income.
- The reduction, in half, for taxpayers who do not fall under the above case, of the tax increase resulting from the declared amount by electronic transactions which exceeds 20% and is less than 30% of the actual income.
- The exclusion of extraordinary income from the determination of the actual income on which the minimum amount of expenditure is calculated by electronic means of payment.
- The provision that rental income, which has not been collected by property owners, will not be included in their total income, provided that the out-of-court notice is notified to the lessee.
- The extension of the possibility for the option of submitting separate declarations of the spouses until 6 May 2021.
