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They demand simplification of VAT authorization procedures in companies

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& Zeta; & eta; & tau; & omicron; ύ & nu; & alpha; & pi; & lambda; & omicron; & pi; & omic; & sigma; & eta; & delta; & iota; & alpha; & delta; & iota; & kappa; & alpha; & sigma; & iota; ώ & nu; & epsilon; & pi; & iota; & tau; & rho; & omicron; & phi; or & sigmaf; & Phi; & Pi; & Alpha; & e & epsilon; & pi; & iota; & chi; & epsilon; & iota; & rho; or & sigma; & epsilon; & iota; & sigmaf;

& Zeta; & eta; & tau; & omicron; ύ & nu; & alpha; & pi; & lambda; & omicron; & pi; & omic; & sigma; & eta; & delta; & iota; & alpha; & delta; & iota; & kappa; & alpha; & sigma; & iota; ώ & nu; & epsilon; & pi; & iota; & tau; & rho; & omicron; & phi; or & sigmaf; & Phi; & Pi; & Alpha; & e & epsilon; & pi; & iota; & chi; & epsilon; & iota; & rho; or & sigma; & epsilon; & iota; & sigmaf;

ΑΡΧΙΚΗΕΙΔΗΣΕΙΣΠΟΛΙΤΙΚΗΤΟΠΙΚΑΠΑΡΑΣΚΗΝΙΟMEDIAΕΛΛΑΔΑΚΟΣΜΟΣΕΠΙΣΤΗΜΗΠΡΟΕΔΡΙΚΕΣ 2023ΤΕΧΝΟΛΟΓΙΑΣΥΝΕΝΤΕΥΞΕΙΣΧΡΥΣΕΣ ΕΤΑΙΡΕΙΕΣΚΟΙΝΩΝΙΑΕΙΔΗΣΕΙΣΚΥΠΡΟΣ ΤΟΥ ΧΘΕΣΑΝΑΓΝΩΣΤΗ ΕΧΕΙΣ ΛΟΓΟΕΠΙΣΤΟΛΕΣΣΥΝΕΝΤΕΥΞΕΙΣΔΗΜΟΦΙΛΗ ΣΤΟ INTERNETVIDEOSΑΦΙΕΡΩΜΑΤΑADVERTORIALINSIDERΕΠΙΧΕΙΡΗΣΕΙΣΚΥΠΡΟΣBRAND VOICECAPITALFORBESBLOOMBERG OPINIONΠΡΩΤΑΓΩΝΙΣΤΕΣΚΑΥΤΗ ΓΡΑΜΜΗΧΡΥΣΕΣ ΕΤΑΙΡΕΙΕΣΚΑΡΙΕΡΑΑΠΟΨΕΙΣΑΡΘΡΑ ΣΤΟΝ “Φ”ΠΑΡΕΜΒΑΣΕΙΣ ΣΤΟΝ “Φ”ΤΟ ΜΗΝΥΜΑ ΣΟΥ ΣΚΙΤΣΑΟ ΚΟΣΜΟΣ ΤΟΥ TWITTERGOING OUTTHINGS TO DOCINEMAΜΟΥΣΙΚΗΕΣΤΙΑΤΟΡΙΑBAR/CAFETV ΟΔΗΓΟΣΤΗΛΕΟΡΑΣΗΠΟΛΙΤΙΣΜΟΣΚΥΠΡΟΣΚΟΣΜΟΣΚΡΙΤΙΚΕΣΕΚΔΗΛΩΣΕΙΣΠΡΟΣΩΠΑΑΘΛΗΤΙΚΑΠΟΔΟΣΦΑΙΡΟΜΠΑΣΚΕΤΠΑΡΑΣΚΗΝΙΑΕΛΛΑΔΑΔΙΕΘΝΗΑΛΛΑ ΣΠΟΡΑΠΟΨΕΙΣΣΚΙΤΣΟVIDEOSAUTOΝΕΑΠΑΡΟΥΣΙΑΣΗΑΠΟΣΤΟΛΕΣΑΓΩΝΕΣΚΑΛΗ ΖΩΗΥΓΕΙΑΔΙΑΤΡΟΦΗΕΥ ΖΗΝΑΣΤΡΑΧΡΥΣΕΣ ΣΥΝΤΑΓΕΣΣΥΝΤΑΓΕΣ ΣΕΦΒΗΜΑ ΒΗΜΑΧΡΗΣΙΜΑΦΑΡΜΑΚΕΙΑΓΙΑΤΡΟΙΑΕΡΟΔΡΟΜΙΑΛΙΜΑΝΙΑΤΗΛΕΦΩΝΑΟΠΑΠΚΑΙΡΟΣΣΥΝΑΛΛΑΓΜΑΛΑΧΕΙΑAPPSΠΡΟΣΦΟΡΕΣΕΝΤΥΠΗ ΕΚΔΟΣΗ ΠΟΛΙΤΙΚΗΤΟΠΙΚΑΠΑΡΑΣΚΗΝΙΟMEDIAΕΛΛΑΔΑΚΟΣΜΟΣΕΠΙΣΤΗΜΗΠΡΟΕΔΡΙΚΕΣ 2023ΤΕΧΝΟΛΟΓΙΑΣΥΝΕΝΤΕΥΞΕΙΣΧΡΥΣΕΣ ΕΤΑΙΡΕΙΕΣ ΕΙΔΗΣΕΙΣΚΥΠΡΟΣ ΤΟΥ ΧΘΕΣΑΝΑΓΝΩΣΤΗ ΕΧΕΙΣ ΛΟΓΟΕΠΙΣΤΟΛΕΣΣΥΝΕΝΤΕΥΞΕΙΣΔΗΜΟΦΙΛΗΣΤΟ INTERNETVIDEOSΑΦΙΕΡΩΜΑΤΑADVERTORIAL ΕΠΙΧΕΙΡΗΣΕΙΣΚΥΠΡΟΣBRAND VOICECAPITALFORBESBLOOMBERG OPINIONΠΡΩΤΑΓΩΝΙΣΤΕΣΚΑΥΤΗ ΓΡΑΜΜΗΧΡΥΣΕΣ ΕΤΑΙΡΕΙΕΣΚΑΡΙΕΡΑ ΑΡΘΡΑ ΣΤΟΝ “Φ”ΠΑΡΕΜΒΑΣΕΙΣ ΣΤΟΝ “Φ”ΤΟ ΜΗΝΥΜΑ ΣΟΥ ΣΚΙΤΣΑΟ ΚΟΣΜΟΣ ΤΟΥ TWITTER THINGS TO DOCINEMAΜΟΥΣΙΚΗΕΣΤΙΑΤΟΡΙΑBAR/CAFETV ΟΔΗΓΟΣΤΗΛΕΟΡΑΣΗ ΚΥΠΡΟΣΚΟΣΜΟΣΚΡΙΤΙΚΕΣΕΚΔΗΛΩΣΕΙΣΠΡΟΣΩΠΑ ΠΟΔΟΣΦΑΙΡΟΜΠΑΣΚΕΤΠΑΡΑΣΚΗΝΙΑΕΛΛΑΔΑΔΙΕΘΝΗΑΛΛΑ ΣΠΟΡΑΠΟΨΕΙΣΣΚΙΤΣΟVIDEOS ΝΕΑΠΑΡΟΥΣΙΑΣΗΑΠΟΣΤΟΛΕΣΑΓΩΝΕΣ ΥΓΕΙΑΔΙΑΤΡΟΦΗΕΥ ΖΗΝΑΣΤΡΑΧΡΥΣΕΣ ΣΥΝΤΑΓΕΣΣΥΝΤΑΓΕΣ ΣΕΦΒΗΜΑ ΒΗΜΑ ΦΑΡΜΑΚΕΙΑΓΙΑΤΡΟΙΑΕΡΟΔΡΟΜΙΑΛΙΜΑΝΙΑΤΗΛΕΦΩΝΑΟΠΑΠΚΑΙΡΟΣΣΥΝΑΛΛΑΓΜΑΛΑΧΕΙΑAPPSΠΡΟΣΦΟΡΕΣ ΕΠΙΧΕΙΡΗΣΕΙΣ ΚΥΠΡΟΣ BRAND VOICE CAPITAL FORBES BLOOMBERG OPINION ΠΡΩΤΑΓΩΝΙΣΤΕΣ ΚΑΥΤΗ LINE GOLDEN COMPANIES CAREER

& Zeta; & eta; & tau; & omicron; ύ & nu; & alpha; & pi; & lambda; & omicron; & pi; & om; & sigma; & eta; & delta; & iota; & alpha; & delta; & iota; & kappa; & alpha; & sigma; & iota; ώ & nu; & epsilon; & pi; & iota; & tau; & rho; & omicron; & phi; or & sigmaf; & Phi; & Pi; & Alpha; & e & epsilon; & pi; & iota; & chi; & epsilon; & iota; & rho; or & sigma; & epsilon; & iota; & sigmaf;

EXCLUSIVE COOPERATION

& Zeta; & eta; & tau; & omicron; ύ & nu; & alpha; & pi; & lambda; & omicron; & omicron; & sigma; & eta; & delta; & iota; & alpha; & delta; & iota; & kappa; & alpha; & sigma; & iota; ώ & nu; & epsilon; & pi; & iota; & tau; & rho; & omicron; & phi; or & sigmaf; & Phi; & Pi; & Alpha; & e & epsilon; & pi; & iota; & chi; & epsilon; & iota; & rho; or & sigma; & epsilon; & iota; & sigmaf;

TOGETHER WITH

& Zeta; & eta; & tau; & omicron; ύ & nu; & alpha; & pi; & lambda; & omicron; & et; & sigma; & eta; & delta; & iota; & alpha; & delta; & iota; & kappa; & alpha; & sigma; & iota; ώ & nu; & epsilon; & pi; & iota; & tau; & rho; & omicron; & phi; or & sigmaf; & Phi; & Pi; & Alpha; & e & epsilon; & pi; & iota; & chi; & epsilon; & iota; & rho; or & sigma; & epsilon; & iota; & sigmaf;

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& Zeta; & eta; & tau; & omicron; ύ & nu; & alpha; & pi; & lambda; & omicron; & pi; & om; & sigma; & eta; & delta; & iota; & alpha; & delta; & iota; & kappa; & alpha; & sigma; & iota; ώ & nu; & epsilon; & pi; & iota; & tau; & rho; & omicron; & phi; or & sigmaf; & Phi; & Pi; & Alpha; & e & epsilon; & pi; & iota; & chi; & epsilon; & iota; & rho; or & sigma; & epsilon; & iota; & sigmaf;

 & Zeta; & eta; & tau; & omicron; ύ & nu; & alpha; & pi; & lambda; & omicron; & pi; & omicron; ί & eta; & sigma; & eta; & delta; &; & sigma; & iota; ώ & nu; & epsilon; & pi; & iota; & tau; & rho; & omicron; & phi; or & sigmaf; & Phi; & Pi; & Alpha; & sigma; & epsilon; & epsilon; & pi; & iota; & chi; & epsilon; & iota; & iota; & iota; & sigmaf;

Next Previous Request simplification of VAT authorization procedures in companies HOME • INSIDER • CYPRUS • Request simplification of VAT authorization procedures in companies

& Zeta; & eta; & tau; & omicron; ύ & nu; & alpha; & pi; & lambda; & omicron; & pi; & omic; & sigma; & eta; & delta; & iota; & alpha; & delta; & iota; & kappa; & alpha; & sigma; & iota; ώ & nu; & epsilon; & pi; & iota; & tau; & rho; & omicron; & phi; or & sigmaf; & Phi; & Pi; & Alpha; & e; & epsilon; & pi; & iota; & chi; & epsilon; & iota; & rho; or & sigma; & epsilon; & iota; & sigmaf;

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The delays in the return of VAT to companies and the liquidity problems that are created, were discussed on Tuesday by the Parliamentary Committee on Energy, Trade, Industry and Tourism, with its members calling on the competent authorities to solve the problems, especially with the existing ones. conditions of financial crisis.

During the discussion, representatives of the Cyprus Association of Chartered Accountants (SELK), the Federation of Cyprus Construction Contractors Associations, the employers' organizations KEVE and OEB and the agricultural organizations PEK, EKA, Nea Agrotiki Kinisi, Panagrotikos Syndesmos and Euroagrotikos, conveyed to the members of the Committee the problems they face due to the delays in the VAT refund.

AKEL MP Costas Costa, stated & nbsp; in his statements after the session, that there were cases of delays that reach up to two years, while, usually, when there are some problems in the applications, it is around six months.

He pointed out that when citizens owe taxes to the state, the government demands their immediate payment and when it is delayed, imposes heavy fines, while many times citizens who could not respond, “heads of families with children, end up in prison.” .

But when the state owes money to citizens, such as VAT refunds, income tax or expropriation compensation, it is too late and free of charge, he said.

He stated that the representatives & nbsp; companies, mainly in the construction industry, and the agricultural organizations, but also OEB and KEVE, conveyed to them the magnitude of the problem with the long delays observed in the VAT refund, which, as he said, are due to the practices and procedures that follow the Department of Taxation.

“As AKEL we call on the Department of Taxation, to simplify the controls it carries out, to automate the procedures, to the proper staffing of the Department, to the further training of its staff, to the solution of the problems mentioned “today so that VAT is returned on time to companies, especially today when the country is going through a very serious economic crisis again”, said Mr. Costa.

EDEK MP, Elias Myrianthous, stated in their own statements that, mainly this problem is focused on the companies that are engaged in the construction industry and in the agro-livestock enterprises.

He explained that in the last 10 years, with the introduction of the regulation of the 0% VAT charge by the companies engaged in the construction sector, all these companies present every period that they close their tax returns for VAT, to have a large tax refund. “This tax, as long as it is delayed to be returned to the beneficiaries, creates huge liquidity problems. The same is true for agribusiness companies, “he added.

” behind the VAT Service, these companies are huge and create multiple liquidity and sustainability problems. “

He said that they were informed that in 2021 approximately € 375 million VAT refunds were made and more than 90% of the requests had been processed. And 60% of the remaining requests, he said, concern people who do not seem to have complied in general with the timely submission of tax returns not only in VAT but also in the annual tax returns of either the company or the individual, or have not submitted the international bank account. , the so-called IBAN.

Mr. Myrianthous said that they have asked the Tax Department to find more simplified ways to examine these declarations, but at the same time to inform all beneficiaries who have some outstanding issues, so that they can get back the tax they are entitled to in time. p>

In the Plenary the amendment for control procedure in small enterprises

According to Mr. Myrianthous, the bill & nbsp; for the change of control procedure in small enterprises is expected to be sent to the Plenary in two weeks for voting.

He said that during the session they reviewed the draft laws that they had submitted for the change of control procedure in small businesses after some suggestions or reservations of the Income Tax Department and the Registrar of Companies. In order for a company to get rid of the normal control and come out with the review process, he added, its turnover should be up to € 200,000, which will include rents, interest and dividends and will not include individual sale of real estate or shares when this sale is not within the normal activities of the company. At the same time, he said, the amount of assets has been set at € 500,000.

He explained that a company, in order not to proceed with an audit, but to review its accounts, will have to has not exceeded € 200,000 per year & nbsp; in terms of turnover.

“The draft law, as formulated, will go to a vote in two weeks,” he said. He added that he has clarified that the same will be done for the companies of self-employed workers who until now are obliged to close audited accounts when they exceed € 70,000. & Nbsp;

Therefore, he said, the Tax Certificate and Collection Law.

The bill was submitted by Myrianthous on behalf of EDEK, Marios Mavridis on behalf of the DISY parliamentary group and Aleko Tryfonidis and Michalis Giakoumis on behalf of DIPA.

Source: www.philenews.com

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