Up to 415,000 SMEs are eligible for the provision that will allow them not to charge VAT on the receipts and invoices they issue and relieves them of having to submit a quarterly VAT statement and payment.
The turnover threshold of 10,000 euros concerns the 2014 financial year and does not include VAT.
Farmers and sellers of new vehicles are not eligible.
To read more, please visit ekathimerini.com
By Prokopis Hatzinikolaou