The extension of tax returns 2025 is a current request from the Chamber of Tax Professionals of Thessaloniki (ΕΦΕΕΘ) to Finance Minister Kyriakos Pierrakakis. The request for extension until July 30, 2025 was submitted due to technical problems facing the tax authority system and the large volume of pending declarations.
Official request for tax return extension 2025
The Chamber sent an official letter to Finance Minister Kyriakos Pierrakakis, requesting an extension of the tax return submission deadline for 2025. The letter, signed by President Eleftherios Oraiopoulos and General Secretary Anna Maria Stamati, highlights serious malfunctions in the tax authority system. After many years of requests from the sector, the Government had partially accepted the proposal for a stable schedule for submitting income tax returns. Instead of the proposed five-month period, a four-month period was legislated from March 15 to July 15, with penalties for public sector bodies that do not submit required data on time.
Technical problems and system malfunctions
Despite the initially smooth progress of tax return submissions for 2025, serious malfunctions have been observed in recent days. The main reasons for the problems include:
• Changes in the MyData application
• Recording of inventories and limiting deviations
• Delay in auditor checks
• Heavy system load due to the volume of filing obligations
The Chamber emphasizes that few working days remain until the deadline expires, while thousands of individual and corporate returns remain pending. Additionally, tax payment has a deadline of July 31, 2025 anyway.
Economic staff response and discounts
The economic staff has made it clear that no tax return extension for 2025 will be granted beyond July 15. Taxpayers are called to complete their returns immediately to avoid penalties, as the date is final. For those who fulfill their tax obligation by July 15, there is a 2% discount. For this year, a graduated discount system applies for those who choose to pay the entire tax by July 31.
New codes and changes to form E1 for 2025
This year’s E1 form includes significant changes and new codes regarding tax exemptions and reductions. The changes aim to facilitate specific categories of citizens, such as those who opened closed residences in 2024 or transferred properties from short-term to long-term rental.
New provisions exist for restaurant workers who received tips, as well as for professionals who meet population criteria, giving them the possibility to reduce deemed income by 50%.
Important codes for taxpayers
For restaurant workers, codes 689, 690, 691 and 692 introduce the possibility of declaring tax-free tips up to 300 euros monthly. If amounts exceed the limit or are paid as part of salary, they are subject to taxation.
Codes 047 and 048 concern the 50% reduction of deemed income for taxpayers with professional headquarters or main residence in settlements with fewer than 500 inhabitants or on islands with population below 3,100 inhabitants. The reduction also applies to families with many children, single-parent families and taxi operators.
The abolition of the business fee is a significant change, with codes 027 and 028 having been deleted. The stamp duty was replaced by the digital transaction fee, recorded in codes 741 and 742.
Special regulations for property owners
Property owners who rented out properties that were closed for at least three years will not be taxed on rental income from the last quarter of 2024, provided the rental took place after September 8. The exemption is valid for 36 months.
Taxpayers who carried out renovations in 2024 can benefit from income tax reduction up to 3,200 euros over five years, provided total expenses do not exceed 16,000 euros.
Taxpayers who acquired properties in 2024 must declare the amounts they spent for their acquisition, as they will be examined by the deemed income calculations. Those who do not cover the property acquisition deemed income risk additional tax burden.
