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