We would like to inform you of the below important changes in relation to Social Security and National Health System (GESY) contributions and the personal income Tax: Social Security contributions As from 1st January 2020 the monthly maximum insurable gross salary in respect the Social Security contributions will increase to €4.572 GESY-National Health System As […]

Introduction On the 5th of April 2019, the House of Representatives approved the proposed legislation (the Law) implementing the provisions of the European Union Anti-Tax Avoidance Directive (ATAD or Directive). The new Law will come into force once it is published in the Official Gazette of the Republic. The provisions of the Law shall be […]

IFRS 9 despite the wide perception actually affects not only financial institutions but much more organizations. This is the case especially when an entity has long-term loans, equity instruments or any other financial assets. Even entities with short-term receivables are also affected. IFRS 9 can affect entities in different ways such as: It increases the […]