Budget: With tax – revenue of 73.5 billion euros will be filled by the state “piggy bank” in 2026 – VAT on track

At 79,947 billion euros is expected to form net income state budget For 2026 on a budgetary basis and after tax refunds, increased by EUR 3,121 billion or 4.1% against the estimate for 2025, with tax -revenue and in particular VAT, remaining the main feeder of the State and the accuracy.

Based on the forecasts contained in Draft budget 2026which was filed yesterday (6.10.2025) in Parliament by the Ministry of Finance Kyriakos Pierrakakis, which incorporates the framework of the tax reform with a whole Taxing and LightingTax revenue is projected to reach EUR 73,527 billion, up EUR 2,649 billion or 3.7%. The rise is mainly attributed to the growth of the economy, as reflected in macroeconomic forecasts, with emphasis on consumption dynamics.

More specifically, the indirect consumption taxes on goods and servicesthey have a leading role again in forecasts. These revenue is estimated at € 40,818 billion, up EUR 1,747 billion against the total estimate of 2025.

THE VAT It is expected at € 29,129 billion, ie EUR 1,599 billion higher than 2025, confirming the strong dependence on total receipts on private consumption. Excise taxes are € 7,447 billion, EUR 53 million over 2025.

From taxes and duties on imports the public It expects € 427 million, up by € 27 million. This leg remains small compared to VAT, but is influenced by the import cycle and international prices.

To Regular real estate taxes EUR 2,328 billion is provided, reduced by EUR 83 million. The decline is associated with the reduction of ENFIA by 50% for main houses in settlements of up to 1,500 residents from 2026 and with the abolition in 2027, a development that gradually changes the mixture of property tax.

Other production taxes are estimated at EUR 659 million, increased by EUR 164 million, mainly due to the provision of 200 million euros from the Greek State’s participation in the profits of the Bank of Greece. It is a revenue with peculiarities, which is not a standard tax and is fluctuating depending on the results of the central bank.

In income taxthe total is expected at EUR 26,710 billion, increased by EUR 742 million or 2.9%. However, in natural persons revenue is € 15,785 billion, reduced by € 93 million, as scale reformation entails an estimated loss of EUR 1,218 billion. The reduction is tempered by the increase in wages and pensions and the new increase in the minimum wage.

In legal entities, revenue is up to € 8,659 billion, by € 859 million higher. The forecast “clicks” on the best profitability of businesses for the current tax year, which will be declared in 2026, an element that enhances the gravity of the corporate tax in the total mix.

The capital taxes They remain stable at EUR 250 million, without a change. Other current taxes rise to € 2,334 billion, up € 52 million. Social contributions passing through the state budget are kept at € 61 million unchanged.

The picture composes a revenue target that “reaches” 80 billion euros, with the main VAT support and secondary axes in income tax and special taxes. The prediction is compatible with a positive growth scenario (2.4% in 2026) although it is exposed to the actual course of consumption and prices.

In any case, the “state piggy bank” and the growth of 2026 are based on a mixture where tax revenue from consumption maintain a leading role, while the expected relief in direct taxation limit overseas.

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