{"id":315738,"date":"2025-12-14T15:06:12","date_gmt":"2025-12-14T15:06:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/315738\/"},"modified":"2025-12-14T15:06:12","modified_gmt":"2025-12-14T15:06:12","slug":"greece-makes-progress-in-bridging-vat-gap","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/315738\/","title":{"rendered":"Greece makes progress in bridging VAT gap"},"content":{"rendered":"<p>                            <img loading=\"lazy\" decoding=\"async\" width=\"960\" height=\"600\" class=\"picture-main-block-image\" data-nxsrc=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2025\/12\/cash_register-thumb-large.jpg\" alt=\"Greece makes progress in bridging VAT gap\" src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2025\/12\/cash_register-thumb-large.jpg\"\/><\/p>\n<p>Greece has made significant progress in reducing the VAT gap, according to an announcement by the Independent Authority for Public Revenue (AADE).\u00a0<\/p>\n<p>Since its launch in 2017, AADE has embarked on an extensive reform program, which has significantly improved the efficiency of the tax administration.\u00a0<\/p>\n<p>In 2017, the VAT gap \u2013 according to estimates in the European Commission\u2019s report at the time \u2013 stood at 29%. For 2023, the VAT gap is estimated at 11.4%, recording an impressive 61% reduction that reflects the continuous interventions and upgrades in the VAT collection and control process.\u00a0<\/p>\n<p>That 17.6 percentage-point reduction over the 2017-2023 period is the largest among EU member-states, confirming a significant improvement in tax compliance.\u00a0<\/p>\n<p>Over the 2022-2023 period, Greece was among the nine member-states that achieved a further reduction in the VAT gap, registering the sixth largest annual decrease (1.1%), while the EU average increased by 1.6%.\u00a0<\/p>\n<p>Regarding the VAT gap attributed to fraud by missing traders, Greece ranks among the four member-states with the lowest VAT gap, per the Commission.\u00a0<\/p>\n<p>The downward trend of the VAT gap in Greece continues, with preliminary estimates for 2024 showing a further drop to 9%.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Greece has made significant progress in reducing the VAT gap, according to an announcement by the Independent Authority&hellip;\n","protected":false},"author":2,"featured_media":315739,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[84,1294,19558,56,54,55],"class_list":{"0":"post-315738","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-economy","10":"tag-taxation","11":"tag-uk","12":"tag-united-kingdom","13":"tag-unitedkingdom"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/315738","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=315738"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/315738\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/315739"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=315738"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=315738"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=315738"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}