The tax bill entitled “Measures to enhance income, tax incentives for innovation and business transformations and other provisions” was passed by the Plenary of the Parliament.

In particular, for 2025, significant tax reductions and measures to increase the income of citizens are foreseen, as well as reforms to modernize the tax legislation and the administrative model that governs the AADE with the aim of making it even more efficient. In addition, the most competitive incentives in the European Union to strengthen research and innovation were legislated.

THE Deputy Minister of National Economy and Finance Christos Dimas during his introduction he emphasized that:

“From today, the new tax reductions and increases in citizens’ salaries are the law of the state. We are steadily continuing the policy of reducing taxes and promoting reforms aimed at further enhancing the income of citizens, households and professionals.

In addition, to further support our home country’s talented young scientists and entrepreneurs, we have legislated the most competitive tax incentives in the EU to support start-ups and companies investing in research and innovation.

We introduce tools that facilitate the transactions of citizens, freelancers and businesses with the State, modernize the tax administration making the State more efficient in limiting tax evasion and streamline the process of submitting tax returns.

From 2019 to date, 72 taxes have been abolished or reduced. Our economy continues to grow steadily, achieving performances much higher than the European average, which allows us to implement a policy with new tax reductions, and this is the path we will follow for the coming years.

We are continuing the reforms so that Greece becomes even friendlier to investments, more digital, with more and better jobs, less unemployment and lower taxes.”

From the filing of the draft law to its passing, significant changes were incorporated. More specifically, the main additional provisions concern the following:

  • ​Reducing the pre-sale time of the property in the short-term rental from three to one year, so that there are more available houses on the market.
  • ​The exemption of 300 euros per month from income tax for tips should also be entitled to distributors connected to contracts of independent services or work with digital platforms.
  • Provision was made for the right of choice in terms of the rules of taxation of AKS (Business Holdings Mutual Funds).
  • ​With regard to the obligations to submit data on behalf of the public sector for the pre-completion of tax returns, the following changes are taking place:

a) The public sector entities that must be registered in the Register and their responsible persons are further specialized.

b) The possibility of changing the responsible persons until the final date of sending the data was foreseen.

c) A maximum limit was provided for the additional 50 euros per day of delay.

d) Provision was made for the possibility of not imposing a fine in cases of sending a small number or percentage of incorrect data.