Money
Greek income tax in 2026
Greece replaced its income tax scale on 1 January 2026. Most mid-range rates came down by two percentage points and a new band appeared. If you are reading a guide written before then, its numbers are wrong.
Last verified 12 September 2026 · 1 day ago · checked by spec-import Every figure on this page was checked against its source on this date.
The 2026 scale
Greek income tax is progressive: each slice of your income is taxed at its own rate, not all of it at the top rate you reach. The table below reads from the bottom up.
| Band | Taxable income | Rate |
|---|---|---|
| First | Up to €10,000 | 9% — source and verification dateIncome tax rate, up to €10,000 |
| Second | Above €10,000 to €20,000 | 20% — source and verification dateIncome tax rate, €10,001 – €20,000 |
| Third | Above €20,000 to €30,000 | 26% — source and verification dateIncome tax rate, €20,001 – €30,000 Cut by two percentage points in the 2026 reform. |
| Fourth | Above €30,000 to €40,000 | 34% — source and verification dateIncome tax rate, €30,001 – €40,000 |
| Fifth | Above €40,000 to €60,000 | 39% — source and verification dateIncome tax rate, €40,001 – €60,000 New band introduced by the 2026 reform. It did not exist in 2025. |
| Top | Above €60,000 | 44% — source and verification dateIncome tax rate, above €60,000 The 2026 reform moved the top rate's starting point up to €60,000. |
Work out your own net pay rather than doing this arithmetic by hand — the calculator also applies social security contributions and the tax credit, and shows the result over both 12 and 14 payments.
The credit that comes off the top
After the bands are applied, a tax credit reduces what you owe: Tax credit, taxpayer with no children Approximate. The credit rises with the number of children and is reported to reach a zero effective rate for four-child households at low incomes.€777 a year — source and verification date
If you are under 25
You pay Income tax rate, under-25s on income up to €20,000 Income ceiling for the under-25 zero rate0% — source and verification date
€20,000 — source and verification date
A reduced rate for ages 26 to 30 is also reported, but our sources disagree on the income ceiling it applies to, so we have not published it as a figure. Ask AADE or an accountant if you are in that age band.
Other rates worth knowing
- Dividends: — reported as the lowest in the EU, and a genuine reason some business owners structure here.
5% — source and verification date
Tax on dividends
Reported as the lowest dividend rate in the EU.
- Interest:
15% — source and verification date
Tax on interest income
- Gains on shares and bonds:
15% — source and verification date
Tax on gains from shares and bonds
- Rental income is taxed on its own progressive scale, with a top
band of replacing the former 35% band.
25% — source and verification date
Top rate on rental income
Replaced the former 35% top band. Rental income has its own progressive scale.
- VAT: standard, with reduced rates for certain goods and services. Special reduced rates apply on some islands, but which islands and at what rate is something our sources disagree about, so we have not published it.
24% — source and verification date
Standard VAT rate
Before any of this applies to you
All of the above is for Greek tax residents. Whether you are one is decided by where
you live and how long you stay — Days in Greece that trigger tax residency 183 days or more in a calendar year makes you a Greek tax resident regardless of the other tests. Residents are taxed on worldwide income.183 days — source and verification date
And if you are moving here, the scale above may not be the one that matters to you. Three special regimes exist: the 50% inbound worker exemption, the 7% flat rate on foreign pensions, and the non-dom lump sum. Each is elective, each has a filing window, and missing the window costs a full year.
Questions people actually ask
Is Greek income tax high?
It starts low and rises steeply. The first band is one of the gentler entry rates in Europe, but the scale climbs quickly and the top rate arrives at a level of income that would still be mid-range in Northern Europe. Add social security contributions on top and the gap between gross and net is larger than newcomers expect. What changes the picture for many people moving here is one of the three special regimes.
What changed in 2026?
Law 5246/2025 replaced the scale from 1 January 2026. Most mid-range rates fell by two percentage points, a new 39% band was introduced, and the starting point of the top rate moved up to €60,000. Under-25s now pay nothing on income up to €20,000.
Do I pay Greek tax on income from abroad?
If you are a Greek tax resident, yes — residents are taxed on worldwide income. Non-residents are taxed only on Greek-source income. The line between the two is the 183-day rule and the centre-of-vital-interests test, which is why the tax residency page matters more than this one for most people arriving.
What is the tax credit?
A reduction applied after the bands are calculated, worth €777 a year for a taxpayer with no children and rising with the number of children. For low incomes it can cancel the liability entirely, and it is reported to reach a zero effective rate for four-child households.
Is there still a solidarity contribution?
No. The special solidarity contribution of 2.2% to 10% has been suspended since 2023 and is treated as abolished for private income and pensions in the 2026 tables. Older guides that include it will overstate your bill.
When do I have to file?
Mid-year, commonly reported as 15 July, with extensions announced frequently and often late. We have flagged the date as unverified because it moves. Check with AADE or your accountant each spring rather than relying on last year.
What about self-employment?
Self-employed income is taxed progressively under a separate scale with different thresholds, not under the employment scale on this page, and it carries its own social security minimums. If you are freelancing in Greece, this page is not the one you need — talk to a Greek accountant.
I am a US citizen. Does this replace my US filing?
No. US citizens remain liable to file US returns on worldwide income regardless of where they live. The Foreign Earned Income Exclusion and foreign tax credits may apply, and Greek tax certificates are the evidence the IRS prefers. Use an adviser who handles both systems — this is not a situation for doing it yourself.