- The exemption threshold may rise by as much as 50%, to annual revenues of 15,000 euros
- The government is planning to increase the threshold of gross income for VAT exemption for small businesses, and a relevant provision is expected to be submitted to Parliament in the near future.
- Greek businesses can utilize the EU’s small enterprise exemption across member states, if their turnover in both the previous and current year does not exceed €100,000 EU-wide and does not surpass individual state-specific exemption thresholds.
Source: www.ekathimerini.com
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