Global Daily Tax News, VAT On Greek Islands To Be Slashed By 30pc, (Sep 12, 2025)
The Greek Government has committed to reduce value-added tax for 19 Greek islands and waive the property tax ENFIA for the smallest territories.
From January 1, 2026, the islands will be able to reduce the headline VAT rate from 24 percent to 17 percent, and the reduced rate from 13 percent to nine percent.
Meanwhile, ENFIA will be waived for all settlements with a population of less than 1,500 inhabitants.