Hint annual revenue field enter the amount of your business of revenue without the vat tax
Previous Year Net Profit Before Taxes is the difference between
revenue - expense before deduct the taxes the previous year, if you
start the business this year enter 0, Previous Year Net Profit Before Taxes (EBIT) field.
Attention for 2018 pension insurance is added in the Previous Year EBIT field
and only for 2017 there is 15% reduction on the base of calculation insurance taxes.
Pension insurance is calculated based on the net profits of previous year, so
you have to input the net profits of previous year so you can calculate
pension insurance of this this years. If you have zero profit or loss, the calculation of pension insurance
for the present year will have as base the minimum wage of non married worker over 25 years old
which is 586.08 € else the calculation is 20% pension insurance plus 6.95% health care insurance on previous
Source: Αριθμ. οικ. 61502/3399 (ΦΕΚ Β' 4330/30-12-2016) (11-01-2017)
Prepaid tax means that every year you should prepaid the profit tax and for the next years taking as base
your current profit, if next year there is some difference it should be clearing. Let' take an
example if you are a new business the first year of operations profit tax is about 3000 € there is 100% prepaid tax so
you have to paid another 3000 € totaling 6000 €. The next year if your profit are less and the tax is 2000E the prepaid tax is another
2000 € you should pay 4000 € but you have a return from the previous year 3000 € so you total clearing it will be 1000Euros
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do not constitute advice. We strongly recommend that you seek the advice of a
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