Income Tax Rates

Calculating your income tax

The tax year in Greece is the same as the calendar year, i.e. 1st January to 31st December.

Income Tax Rates

Income tax rates for residents start at 0 per cent on income up to €8,400 or €10,000 and rise up to 40 per cent on income over €23,400, as shown below.

Employees & Pensioners

Taxable Income (€)

Tax Rate (%)

Cumulative Tax (€)

Up – 10,000

0

10,000 – 13,400

15

510

13,400 – 23,400

30

3,510

Over 23,400

40

 

Self-employed

Taxable Income (€)

Tax Rate (%)

Cumulative Tax (€)

Up – 8,400

0

8,400 – 13,400

15

750

13,400 – 23,400

30

3,750

Over 23,400

40

 

Non-residents

Income tax for non-residents is levied at the same rates as above except for the first band which is 5 per cent (not 0 per cent), unless 90 per cent of their income is from a Greek-source.

Income tax rates for residents start at 0 per cent on income up to €8,400 or €10,000 and rise up to 40 per cent on income over €23,400, as shown below.

Employees & Pensioners

Taxable Income (€)

Tax Rate (%)

Cumulative Tax (€)

Up – 10,000

0

10,000 – 13,400

15

510

13,400 – 23,400

30

3,510

Over 23,400

40

 

Self-employed

Taxable Income (€)

Tax Rate (%)

Cumulative Tax (€)

Up – 8,400

0

8,400 – 13,400

15

750

13,400 – 23,400

30

3,750

Over 23,400

40

 

Non-residents

Income tax for non-residents is levied at the same rates as above except for the first band which is 5 per cent (not 0 per cent), unless 90 per cent of their income is from a Greek-source.

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