Of Greece’s 6,678,421 taxpayers, 70.53% declare annual income below €15,000, while only 13.42% earn more than €20,000 a year.
As Kathimerini reports, tax relief measures targeting taxpayers with annual incomes of €15,000 or €20,000 apply to a smaller share of the population.
For example, despite the tax relief announced by the prime minister for families with three children — zero income tax on the first €20,000 — the benefit is limited, as 78.42% declare income below €20,000.
Among people aged 30 or younger, 74.53% (630,840 people) declared annual income of up to €10,000 in 2024, while 92.72% declared less than €15,000.
This is because they are already largely covered by the existing tax credit. As a result, an estimated 43,061 salaried workers with three children will receive some benefit, although more than half will gain less than €500 a year.
Among self-employed people with three children, around 33,000 are expected to benefit. Of these, one-third will gain less than €500 in total, starting in 2028.
Of a total of 245,907 farmers, only 13,725 (5.58%) declare net income above €20,000, while 94.42% fall into lower income brackets. The €20,000 tax-free threshold also benefits those declaring lower incomes, although the benefit remains limited. Around 68,000 farmers, or about a quarter of the total, are expected to see some reduction, but for half of them the annual benefit will range from €33 to €500.
Source:Kathimerini