Monthly VAT Declarations for New Businesses and Pilot Digital Customer Database Launch in April

• New businesses will submit VAT declarations monthly for the first two years starting from April.
• From July, businesses that started in 2024 will also submit monthly.
• From October, all other businesses can opt for monthly submissions instead of quarterly.
• The change aims to prevent tax evasion and improve liquidity management.
• A pilot digital customer registry will start in April for vehicle-related businesses.
• The registry will allow businesses to scan vehicle plates and invoices to update records.
• The initiative is part of efforts to enhance the My Data app for small and medium enterprises.

Source: e-forologia.gr

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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