All companies will probably be related to IRIS by 31 March 2025 2024-05-16 20:47:46

Particularly, the minister introduced the gradual however fast enlargement of direct funds – at present supplied in Greece by the IRIS system – to all companies till March 31, 2025. He additionally mentioned that already on June 30, 2024 – in accordance with a legislation handed in December 2023 – the deadline for self-employed and freelancers to supply the potential of direct funds to their clients ends. And the minister known as on the debtors to conform in time, with a purpose to keep away from the fines (1,500 euros), offered by the laws, but in addition to profit from the decrease commissions.

Mr. Hatzidakis underlined that Greece carried out earlier than the issuance of the related European Regulation 2024/886 the obligations arising from it in relation to Particular person to Particular person (between people) and Particular person to Enterprise (between shoppers and companies) direct funds. The Regulation foresees the common extension of the potential of direct funds by October 2025, nevertheless our nation will advance earlier – till March 31, 2025 – on this space as properly.

“The subsequent step for us considerations the enlargement of direct funds to the whole vary of transactions: each e-commerce and bodily commerce (retailer). That’s, now in all companies. That is the following large problem. And on this context, the federal government and the ministry will make each effort so that each one the events concerned (the banks, the DIAS direct fee system and AADE) coordinate and make the required technical changes with the intention of making certain that there will probably be the potential of direct funds in transactions with all kinds of companies”, the minister emphasised.

Mr. Hatzidakis identified the a number of advantages from the rise in digital transactions (total and never simply direct funds), that are comfort, transparency and the limitation of tax evasion. “In 2023 alone,” he mentioned, “the rise in digital transactions contributed to a rise in tax revenues of over 500 million euros.”

In line with the info he offered, on the spot funds are rising by leaps and bounds, with registered IRIS customers now exceeding 2.6 million, of which over 405,000 have signed up since January. That’s, there was a rise of roughly 18.5% inside 4 months.

Moreover:

-From the start of 2024 till April, 111,000 IRIS Particular person to Enterprise transactions came about in comparison with solely 11,000 final 12 months, i.e. they elevated tenfold.

-A 3rd of the obliged self-employed and freelancers – i.e. 280,000 out of a complete of about 900,000 – have related as to the 150,000 customers in 2023, one other 125,000 have been added (a rise of about 80%).

The minister additionally despatched a suggestion to the banks to extend the day by day restrict of utilizing the IRIS system for shoppers, to 500 euros for transfers to people plus 500 euros for funds to companies, (i.e. a complete of 1,000 euros per day from 500 which is at present ).

“All those that complain about financial institution charges mustn’t overlook that there are low cost or free options: direct fee programs – in Greece IRIS. So, let everybody be told and benefit from this risk, whether or not they’re bizarre residents or professionals. As an alternative of complaining, let’s benefit from the options – free or very low cost – options for everybody. 2,600,000 of our fellow residents are already benefiting. Let the remainder additionally profit”, concluded the minister.

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