Global Daily Tax News, Greece Confirms 2025 Tax Relief Measures, (Sep 19, 2024)

Greece's Ministry of Finance has recently set out tax relief measures that will be offered starting next year.

Greece is planning to implement a total of 12 tax relief measures. Notably, these include a one percentage point reduction in social security contributions; stamp duty cuts; an income tax exemption for income from newly rented out vacant properties; and the extension of the value-added tax exemption for new buildings.

Other measures include a 20-percent reduction in the ENFIA property tax for homes insured against natural disasters; incentives to promote mergers and acquisitions; and an exemption from the 15-percent insurance premium tax for health policies for children aged under 18, among others.