Abolition of solidarity levy: What it means for almost 3 million taxpayers – Examples

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Beneficiaries of the measure are private and public sector employees, pensioners, entrepreneurs, property owners and farmers, all natural persons.

On a permanent basis, the special solidarity levy is abolished from the fiscal year 2023, as announced by Prime Minister Kyriakos Mitsotakis from the TIF platform.
Beneficiaries of the measure are private and public sector employees, pensioners, entrepreneurs, property owners and farmers, all natural persons.

But what does the repeal of the measure mean for the pockets of nearly 3 million taxpayers?

During the specialization of the measures, the Deputy Minister of Finance Apostolos Vesyropoulos presented concrete examples of the benefits that this new burden reduction will have for citizens.

First example

A pensioner with a total income of 22,000 euros from two sources, 17,000 euros from pensions and 5,000 euros from rents, will benefit by 276 euros, due to the abolition of the special solidarity contribution.

Second example

A public sector employee with a total income of 24,000 euros from wages alone will benefit by 376 euros, due to the abolition of the special solidarity levy.

Third example

A private sector employee with a total income of €30,000 from two sources, €24,000 from wages and €6,000 from rent, will benefit by €676 already this year and forever.

Fourth example

A self-employed person with a total income of €35,000, from two sources, €30,000 from business activity and €5,000 from dividends, will benefit by €1,001 already this year and forever.

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