The first property tax bills (ENFIA) are to be sent out on October 10 and will be based on records of property registered until 9 October 2015.
No new reductions will be offered, with the criteria being the same as in the first year of the controversial tax’s application. Vulnerale groups such as the unemployed, orphans, members of large families as well as the disabled (AMEA) could be entitled to a 50% rebate provided the household income is low.
The tax will be calculated using out-of-date objective values that no longer apply. Just a few months ago the government had leaked plans to reduce these by 30%.
Just a few days prior to the September 20 elections, former deputy finance minister Nadia Valavani said that if objective values were to be adjusted with properties in poorer regions facing increases and a reduction of values in more expensive areas reduced.
