TIF Bill: all the tax cuts and support measures for society

The Council of Ministers contiguous approved the draught instrumentality of the Ministry of National Economy and Finance titled “Tax Reform for Demography and the Middle Class – Support Measures for Society and the Economy.”

The bill, which incorporates measures announced by the Prime Minister astatine the Thessaloniki International Fair, introduces sweeping tax cuts and enactment programs aimed astatine families, the mediate class, young people, and determination communities, portion besides providing incentives for strategical investment.

Key Measures

• Income Tax Cuts: Lower rates for incomes up to €40,000, with other reductions for families with children. Young radical up to 25 volition wage nary taxation connected net up to €20,000. About 4 cardinal taxpayers are expected to benefit.
• Support for Small Communities: Gradual abolition of ENFIA (property tax) for main residences successful settlements up to 1,500 inhabitants (1,700 successful Evros), opening with a 50% chopped successful 2026.
• Housing & Property Relief:
  • New 25% complaint for rental income betwixt €12,000–€24,000.
  • VAT suspension connected caller operation extended to 2026.
  • Tax exemptions for semipermanent leases of vacant homes.
• Regional Measures: 30% VAT simplification from January 2026 connected Aegean islands and Samothrace with populations nether 20,000.
• Investment Incentives: 100% super-deduction for backstage concern successful defense, automotive, and aerospace sectors, on with fast-track licensing.
• Other Tax Changes:
  • Abolition of the 10% pay-TV interest from 2026.
  • Reduced presumptions for lodging and vehicles.
  • Continued taxation incentives for physics payments.
• Wage Adjustments:
  • Pay raises for police, occurrence brigade, and seashore defender from October 2025.
  • Higher allowances for Foreign Ministry unit and designation of five-year assemblage diplomas for wage progression.
  • New tax-free allowances for world and probe staff.

Broader Vision

The reforms purpose to fortify the mediate class, marque beingness much affordable for families and young people, and transmission concern into captious sectors. The authorities besides confirmed that related initiatives announced astatine the Thessaloniki International Fair — specified arsenic the caller equipped forces wage standard and the instauration of a Drug Innovation Fund — volition beryllium legislated successful upcoming bills.