Europa Posted on 2025-12-01 09:44:00

Tax revenues increase by 10.7 billion euros - How much will Greek families and businesses pay in the next 4 years?

From Dorian Koça

Tax revenues increase by 10.7 billion euros - How much will Greek families and

An increase of 10.73 billion euros is expected to be recorded in tax revenues in Greece over the next four years, reaching 82 billion euros in 2029. According to the Multiannual Financial Framework 2026–2029, tax revenues from 71.146 billion euros in 2025 will increase to 73.645 billion in 2026, to 75.463 billion in 2027, to 78.881 billion in 2028 and to 81.880 billion euros in 2029.

This means that households and businesses, despite the package of tax cuts and subsidies already being implemented, will be required to pay 10.7 billion euros more in taxes. The increase is attributed to increased incomes, reduced unemployment, increased business profitability, but also inflation, reduced tax evasion and tourism, which are expanding VAT collections.

Income tax. Income tax revenues increase from 26.8 billion euros in 2025 to 32.7 billion in 2029. The increase of 6 billion euros is due to the expansion of economic activity and the improvement of collection mechanisms.

Personal income tax increases from 15.889 billion euros in 2024 to 18.599 billion euros in 2029, marking an increase of 17%. Corporate income tax increases from 7.9 billion euros in 2025 to 11.2 billion euros in 2029, marking a "jump" of 41.7%.

VAT and excise duties remain the strongest sources of tax revenue, increasing from 39.214 billion in 2025 to 43.6 billion euros in 2029. VAT alone reaches from 27.625 billion to 31.4 billion euros. Excise duties are stable between 7.4 and 7.6 billion euros per year.

Real estate taxes. Regular real estate taxes show a slight decrease: from 2.41 billion in 2025 to 2.26 billion euros in 2029.

Fiscal interventions (tax cuts and support measures) will total from 5.94 billion euros in 2026 to 10.1 billion euros in 2029. At the center are changes in tax rates, which will be activated from January 1, 2026, bringing tax breaks for those with annual incomes over 10,000 euros, with taxpayers with children, those with average incomes, and young people up to 30 years old benefiting the most.

 

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