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receipts

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Receipts app catches first fish

Receipts app catches first fish Gas stations seem to be at the top of the list of fraudulent mechanisms for evading taxes. However, taxpayers have managed to unveil the first tax evaders through the new Appodixi app. After a gas station located in Vyronas, eastern Athens, was heavily fined following an anonymous consumer complaint, a […]

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Receipt app yields results

Receipt app yields results More than 700 complaints about fake and falsified receipts were reported to the Independent Public Revenue Authority (AADE) through the Appodixi application on its first day of operation, through smartphones. The financial incentive for those who spot a fake receipt seems to be working, as in less than 24 hours 399 […]

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Tourism’s all-time July high

Tourism’s all-time July high Greece had the highest travel receipts ever for the month of July this year. According to data from the Bank of Greece, receipts in July 2022 amounted to 3.723 billion euros, marginally increased by 0.56% from July 2019, a month that held the previous record with receipts of €3.702 billion. However, […]

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Check your receipts via smartphone

Check your receipts via smartphone The Independent Public Revenue Authority (AADE) is preparing an informational campaign for the new application for reading QR Codes of receipts. The new application AADE is proceeding with the creation of a new application for mobile phones, which enables consumers to check the details and validity of a receipt, which […]

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Bank of Greece: Higher tourism receipts in 2022 to lead to improved economic growth

Bank of Greece: Higher tourism receipts in 2022 to lead to improved economic growth The Bank of Greece (BoG) will revise its forecasts for the growth rate of the Greek economy upward this year, its governor Yannis Stournaras said on Wednesday during a radio interview, ANA reports. Stournaras said that BoG’s original forecast was for […]

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BoG governor: Higher tourism receipts in 2022 to lead to improved economic growth in 2022

BoG governor: Higher tourism receipts in 2022 to lead to improved economic growth in 2022 The Bank of Greece (BoG) will revise its forecasts for the growth rate of the Greek economy upward this year, its governor Yannis Stournaras said on Wednesday during a radio interview. Stournaras said that BoG’s original forecast was for a […]

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‘Apodixi please’ campaign encourages tourists to demand receipts

‘Apodixi please’ campaign encourages tourists to demand receipts Tourists are the target of a new campaign by the Independent Public Revenue Authority (AADE) that encourages tourists to demand a receipt before paying for goods The “Apodixi please” (Receipt, please!) campaign is backed up by a YouTube video and banners in airports as well as a […]

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Greek tourism: Receipts up 536.4% in May and 547.9% in first five months of 2022

Greek tourism: Receipts up 536.4% in May and 547.9% in first five months of 2022 The balance of travel services posted a surplus of €1,193.5 million in May 2022 and a surplus of €1,775.8 million in January-May 2022, according to a new report from the Bank of Greece. In 2019, the last year before the […]

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Media report: Greece rakes in tax and tourist receipts but won’t cut food tax

Media report: Greece rakes in tax and tourist receipts but won’t cut food tax There’s still a deficit in Greece, but less so because more people are paying their taxes in lump sums instead of installments, and tourism is on a course to set a record, but not enough money to reduce the 24 percent […]

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Travel receipts may beat 2019

Travel receipts may beat 2019 With hotel and flight seat occupancy for the coming months moving to pre-pandemic levels and average travel spending having risen significantly above the last pre-pandemic season, estimates for travel receipts this year point to 10% growth compared to 2019. The second quarter already started with the travel receipts having increased […]

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Travel receipts are soaring

Travel receipts are soaring Indications are growing that this year Greek tourism will come close to matching the travel receipts of the record year 2019. However, there also are the first worrying signs, mainly from flight cancellations caused by the failure of airlines and airports to manage the rapidly recovering air traffic in the post-Covid […]

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Bank of Greece: Explosive increase of travel receipts by 1,000% in April

Bank of Greece: Explosive increase of travel receipts by 1,000% in April The balance of travel services posted a surplus of €432.1 million in April 2022 and a surplus of €633.0 million in January-April 2022 Balance of travel services Based on provisional data, the balance of travel services in April 2022 posted a surplus of […]

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Tourism earned 10.6 bln euros in 2021

Tourism earned 10.6 bln euros in 2021 Travel receipts amounted to 10.653 billion euros in 2021, according to Bank of Greece data released on Monday, a figure much higher than forecasts the Finance Ministry and major foreign firms had made in the first half of last year. Arrivals of non-residents in 2021 increased by 99.4% […]

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Bank of Greece report: Travel receipts soar by 146.7% during 2021

Bank of Greece report: Travel receipts soar by 146.7% during 2021 Travel receipts more than doubled in 2021, totaling 10.6 billion euros, up 146.7% compared with the previous year, but remained at 58.6% of 2019 levels, the Bank of Greece (BoG) said on Monday, according to ANA. The surplus of the services balance doubled, reflecting […]

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Bank of Greece: Greek travel receipts soared 139.7% during first seven months in 2021

Bank of Greece: Greek travel receipts soared 139.7% during first seven months in 2021 Non-residents’ arrivals in Greece reached 4,540,000 in the January-July period this year, up 51.4 pct compared with the corresponding period in 2020, while travel receipts grew 139.7 pct, representing 37.1 pct of their 2019 level, the Bank of Greece said on […]

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BoG – 51% increase in travel receipts in the first half of 2021 – Arrivals decreased

BoG – 51% increase in travel receipts in the first half of 2021 – Arrivals decreased In June 2021, the current account deficit decreased year-on-year, mainly due to an improvement in the services balance and, to a lesser extent, the primary and secondary income accounts, which was partly offset by the deterioration in the balance […]

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Tax break for online receipts

Tax break for online receipts The Finance Ministry’s tax reform blueprint provides for the exemption from taxpayers’ taxable income of their expenditure made online to sectors and professions that rank high on the tax evasion chart. The government’s planning aims at the further expansion of the tax base with the strengthening of online transactions through […]

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