From Monday, March 17th, the application of AADE opens
Zero time for the taxpayer’s annual appointment with the tax office is approaching. From Monday, March 17, the application of AADE opens and over 6.6 million taxpayers are required to submit the their tax returns For previous year’s income, using the new E1 form. The renewed form includes significant changes, new codes and automated procedures aimed at facilitating taxpayers.
Taxpayers must be very careful when filling out their statements, thoroughly check the pre -filled data and properly utilize new exemptions and tax cuts. Incomplete understanding or incorrect completion of codes can lead to increased tax burden or loss of significant relief.
About 1.4 million taxpayers will see their statements pre -filled by AADE, which will automatically include wages, pensions, real estate, cars and benefits. The pre -filled statements will be sent digitally through the MyAade platform, but also by email to taxpayers, who will have to check them over a specific period of time, he said in the EIA.
If no corrections are made, AADE will automatically submit statements for employees and retirees. For this reason, it is necessary to confirm the accuracy of pre -filled amounts. In the case of errors or omissions, taxpayers have the ability to submit an amending statement by July 15, 2025, correcting errors or adding additional information.
The new E1 form for this year’s tax returns introduces new codes that relate to exemptions and tax cuts. These changes are aimed at facilitating specific categories of citizens, such as those who opened and rented closed houses in 2024 or transported real estate from short -term leasing. There are also new forecasts for catering workers who have received tips, as well as for professionals who meet population criteria, enabling them to reduce their imputed income by 50%. These changes are aimed at the fairer distribution of tax burdens and boosting economic activity.
Where should special weight be given? Significant attention should be paid to new codes for exemptions and tax cuts. Specifically:
* Codes 119-120 relate to taxpayers who have leased closed houses or turned short-term leases into long-term after September 8, 2024. Those who are in this category can benefit from tax exemption for 36 months, provided that it is not required. In addition, it is important to correctly declare the rent information and pay attention to lease contracts that must last at least three years for the exemption to apply.
* For focus workers, codes 689-690 and 691-692 introduce the possibility of tax-free disciplines up to 300 euros per month. If these amounts exceed the limit or are paid as part of the salary, they are subject to taxation. It is important to declare these amounts correctly, as any mistake can lead to additional tax burdens.
* In addition, codes 047-048 relate to a 50% reduction in imputed income for taxpayers who have a professional seat or main housing in settlements with less than 500 residents or in islands with a population of below 3,100. This decrease also applies to large, single -parent families and taxi exploiters with limited property. It is important for taxpayers to check whether they meet the criteria for this reduction and properly indicate their details in these codes.
* Removing the business fee is one of the most important changes, as codes 027-028 have been deleted. This implies relief for all natural persons with business. In addition, the stamp has been replaced by the digital trading fee, which is recorded in codes 741-742. Taxpayers must correctly declare the digital fee in their transactions in order to avoid mistakes in clearing the statement.
Deadlines and discounts
In terms of repayment of income tax, this can be done in eight monthly installments with the first expiring on July 31, 2025. The right choice of payment method can provide significant financial reliefs.
Finally, the significant deadlines that taxpayers must meet are the start of filing on March 17, 2025 and expires on July 15, 2025 for both normal and amending statements. Failure to comply with deadlines can bring fines and surcharges, while timely submission enables discounts and exemptions.
Overall, taxpayers must be particularly careful in completing the new codes and exploiting the reductions and exemptions offered. Proper information and timely submission can help reduce tax burden and avoid unpleasant surprises when clearing the declaration.
