As employee within the reduced employment scheme, is the employee considered with a contract or an employment relation in which the working hours calculated on a daily, weekly, bi-weekly or monthly basis are less than the normal working hours (Article 2 of Law 3846/2010), in our country these are 8 hours per day / 40 hours per week (as determined by the collective employment agreement in the year 1984).

There are various forms of reduced employment such as:

For income tax returns submitted from 01.01.2014 and onwards it is foreseen, that within ninety (90) days from the date the written application has been submitted, the beneficiaries will receive the amount which remains to be returned, after all eventual offsetting with their certified debts to the tax Authority has been completed.

 

The application should indicate the IBAN number of the beneficiary’s bank account and include any written declaration of offsetting of the repayable amount with future debts.