Marinakis: Self Employed Presumptive Tax to Be Phased Out

Government spokesperson Pavlos Marinakis said the government intends to gradually scrap the rule that sets a minimum presumed net business income for freelancers and the self employed, once other measures against tax evasion have had time to work.

Under this rule, freelancers and the self employed are taxed on their minimum presumed income even when their declared earnings are lower, a mechanism designed to curb underreporting of income. It has drawn persistent criticism from professional associations, who argue it can tax people on income they never actually received.

Speaking in an interview with News24, Marinakis referenced comments made previously by Prime Minister Kyriakos Mitsotakis that the rule was never made to be permanent. He tied any rollback to how well separate, already existing measures against tax evasion perform going forward.