Which transactions are excluded from counting in building the tax deduction?

Non-consumer expenses are excluded from counting in building the tax deduction. These are the following:

  • Rents
  • Vehicle Circulation Tax 
  • Purchase of vehicles (cars, motorcycles)
  • Purchases of vessels, aeroplanes and aircraft
  • Purchases of residences, plots and other real estate properties
  • Payments of assessed amounts due to the State, of taxes, contributions etc
  • Payments of loan instalments
  • Purchases of investment products (shares, bonds etc.)
In addition, the following are excluded from counting in building the tax deduction:

  • Payments on cards
  • Transactions with corporate cards
  • Transactions with unidentified prepaid cards
  • Transactions in cash
  • Cash withdrawals at Automatic Teller Machines (ATMs) or at the cash desk of the payment services provider
  • Transactions involving fund transfers and deposits to third parties
  • Purchases from non-EEA countries
Additionally, expenses made with cards issued abroad do not count.

Finally, expenses in the “Health” category (of ELSTAT's Consumer Price Index) which concern medical and pharmaceutical care (doctor’s fees, hospitalisation expenses, diagnostic centres, medicines, pharmaceutical goods etc.) are excluded. For these expenses, a tax discount of 10% is foreseen (up to a maximum amount of Euro 3,000), provided that they exceed 5% of the taxable income and have been made using card-based payment means or other electronic payment means. 

Expected Ministerial Decisions are awaited for further clarification.

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