What will include this year’s TIF package – tax cuts and possible abolition of personal difference

At the core of economic policy is the continued support of income and the family, which is expected to be reflected in the prime minister’s announcements, Kyriakou Mitsotakisat the Thessaloniki International Exhibition (TIF).

It is our principle that surpluses return to citizens, Kyriakos Mitsotakis said, with a look at the TIF, at Yesterday’s (24.8.2025) message on social media, giving the mark of intentions for the aid package to be announced. The cost of the announcements is estimated at about 1.5 to 2 billion euros. Will be included mainly tax relief for employees, pensioners, self -employed and professional farmers.

“The primary surplus for January -July is higher than the target we had set by 1.2 billion euros. Our principle is the surpluses to be returned to citizensany available fiscal space will be used for the benefit of society, “Kyriakos Mitsotakis stressed.

The government’s financial staff seems to have made final decisions on changes in the tax scale, with the predominant scenario, according to ERTnews, the addition of two intermediate rates of 15% for incomes of 10,000 to 15,000 euros from 22% today and 40% or 42% from 40,000 to 50,000 euros from 44% now.

‘If the tax rate reduction is applied from 22% to 15% For incomes from 10,000 to 15,000 euros, Then employee with a monthly salary of 1,000 euros, ie 14,000 euros per year, will benefit around 23 euros a month, ie 280 euros a year. A worker with 1,600 euros monthly salary, that is, 22,400 a year will benefit about 29 euros per month, that is, 350 euros a year. ”

On the table lies the Increased tax -free from 8,636 euros to 10,000 euros for those who do not have children. For employees, retirees and professional farmers with dependent children, the basic scenario predicts an increase of 1,000 to 1,500 – 2,000 euros for each child.

‘Personal difference’

On the table is also the personal difference, which disappears the increases they receive about 670,000 pensioners. In this context, the restriction or even abolition is considered, while paying all increases in pensions.

“In order to cover this great injustice that the previous government inherited, the personal difference, we come and give an extraordinary tool to cover this difference (…). Our logic and I will stay here is to cover these holes of the past. We will see most of the TIF, “said Deputy Minister of Labor Costas Karagounis.

However, in addition to direct taxation, market bodies insist on the need to intervene in indirect taxes.

At the same time, Piraeus Chamber of Commerce & Industry President Vassilis Korkidis stressed: “More surprise, so I would consider whether it is making a reduction or transfer to VAT rates to basic goods and special foods. I would think it would really be a brave act. ”

In the package of the measures processed by the government is and the Reduction of living presumptions by 30%, gradually, by 2027.

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