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Athens News Agency: News in English, 10-05-07
CONTENTS
[01] VAT revenue up 7.8% in Apr.
[01] VAT revenue up 7.8% in Apr.
(ANA-MPA) -- The government on Friday reported a 7.8-pct increase in
VAT revenues in April to 1.205 billion euros, from 1.118 billion euros
in the corresponding month last year.
A Finance ministry announcement attributed this positive development to
the performance of VAT declarations by small- and medium-sized
enterprises and to increased demand for purchase receipts by consumers
from January 1. The ministry said that a rise in VAT rates from 9 to 10
pct and from 19 to 21 pct was introduced March 15 and did not
significantly affect VAT results. The ministry said the figures showed
that state budget execution was progressing smoothly offering better
results than originally expected. (ANA-MPA)
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