Is­land VAT gen­er­ates con­fu­sion

Kathimerini English - - I N T E Rv I E W - PROKOPIS HATZINIKOLAOU

If you wish to travel from Pi­raeus to the is­land of Fole­gan­dros, the value-added tax on your ferry ticket will be 23 per­cent. How­ever, if you take the ferry from An­dros to Fole­gan­dros, the VAT charge will only be 16 per­cent, as you will be trav­el­ing be­tween is­lands with a VAT dis­count. A dairy com­pany from Naxos de­liv­er­ing goods to en­ter­prises on Lesvos or Chios will charge a 9 per­cent VAT rate on its prices, but if the goods are de­liv­ered to pri­vate con­sumers on the same is­lands, they will pay a 13 per­cent tax.

These and other strange ex­am­ples of VAT dis­crep­an­cies are ev­ery­day prob­lems ex­pe­ri­enced by trav­el­ers and the in­hab­i­tants of the Cy­cladic is­lands, or those who do busi­ness on Skiathos or Rhodes and the neigh­bor­ing is­lands, fol­low­ing the abo­li­tion of the 30 per­cent dis­count that Paros, Naxos, My­conos, San­torini, Skiathos and Rhodes en­joyed up un­til Septem­ber 30.

Gen­eral sec­re­tary for public rev­enues Ka­te­rina Sav­vaidou is­sued a cir­cu­lar yesterday in a bid to clar­ify the con­fus­ing points, but the list of prob­lems ap­pears end­less. Ac­coun­tants are on alert in an ef­fort to help their clients with the is­su­ing of in­voices, as pric­ing er­rors can end up be­ing very costly.

It is un­clear if fi­nanc­ing will be found for the coun­try’s main high­way projects, Econ­omy Min­is­ter Gior­gos Stathakis said yesterday. He said talks be­tween the gov­ern­ment and the Euro­pean Com­mis­sion on the is­sue had not yet borne fruit and the out­stand­ing needs of the projects stand at 600 mil­lion eu­ros.

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