The Tax Office informs that from 27 May, 2024, the submission of the Official Declaration (OD) required in Paragraph 3 of Table C of Schedule Five of the VAT Legislation for granting the reduced rate of 5% on the purchase/construction of a main residence will be submitted ONLY through TFA portal from where the applicant will also receive the relevant Reduced Rate certificate, once the examination of his request has been completed.
How to apply through TFA
First of all, in order to submit the OD, an account must first be created on the TFA Portal:
- Iftheapplication is submitted by a new taxpayer: A request for registration in the Tax Registry must be submitted through the TFA
- If the application is submitted by an existing taxpayer: You must link your TFA Portal Account with your Tax ID
CAUTION
Official declarations in paper form can be submitted to the relevant District Offices ONLY until 5/17/2024, so that the TD can transfer the data to the TFA portal until 5/27/2024.
After 17/05/2024, OD will ONLY be submitted via TFA and no hard copy applications will be accepted.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.