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No penalties for VAT returns filed by 29.5.2026 after mandatory regime change due to subsidies

  • No penalties will be imposed for VAT returns submitted by May 29, 2026, by taxpayers who have filed a change declaration by April 30, 2026, for mandatory transfer from the special VAT regime (Article 48) to the regular VAT regime due to receiving subsidies.
  • Applies to farmers under the special regime who exceeded the €5,000 subsidy threshold and were required to switch to the regular VAT regime from January 1, 2026.
  • The measure concerns the 2026 tax year and aims to facilitate compliance for affected taxpayers.

Source: taxheaven.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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