Greece: FinMin Bill to Reduce Prepayment of Tax for Self-Employed, Businesses

ATHENS — A draft amendment tabled in Parliament on Wednesday reduces the prepayment of income tax this year from 100 pct to 55 pct for self-employed and small businesses, and to 70 pct for other businesses except banks.

For 2022, the Finance Ministry bill sets the prepayment of income tax for businesses to 80 pct, and abolishes the solidarity fee for wage-earners in the private sector in that year as well.

The tax calculations will be based on filings as of tax year 2020.

Banks are still expected to provide the 100 pct prepayment of taxes, while the tax on profits earned in 2021 will drop for businesses from 24 pct to 22 pct.


ATHENS – Greek tax-free shipping oligarchs who control the seas and got the government to allow their vessels to keep moving Russian oil despite European Union sanctions over the invasion of Ukraine will return to their feature showcase at the Posidonia 2022 conference.

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FALMOUTH, MA – The police in Falmouth have identified the victim in an accident involving a car plunging into the ocean on February 20, NBC10 Boston reported.

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NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.

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PHILADELPHIA – The Federation of Hellenic Societies of Philadelphia and Greater Delaware Valley announced that the Evzones, the Presidential Guard of Greece will be participating in the Philadelphia Greek Independence Day Parade on March 20.


Mission…To The Holy Land – A TNH Documentary by Clelia Charissis

This past Easter season, this great feast, Pascha for Greek Orthodox Christianity and Passover for Judaism, found us during Holy Week in the Holy Land, at the Gate of Worship.

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