Tax Relief Measures for Middle-Class Wage Earners Expected in April

Tax Relief Measures for Middle-Class Wage Earners Expected in April

Politics

The Finance Ministry plans to introduce a new package of measures aimed at easing the tax burden on middle-class wage earners by April. The initiative includes tax rate reductions and adjustments to presumed living expenses, CE Report quotes Athens-Macedonian

Meanwhile, the European Commission and the Hellenic Statistical Service will finalize 2024 state budget figures in mid-April, providing estimates on this year’s budget progress. These assessments will guide the government’s fiscal interventions.

Preliminary data indicates potential reductions in direct taxes, particularly for middle-income earners, with some benefits extending to lower-income groups. Additionally, the government aims to cut presumed living expenses by 30% and address existing imbalances in the system.

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