Lower tax burden will have about 480,000 taxpayers taxed on the basis of 2026 living presumptions for residences4-year-old vehicles and boats that are reduced by 30-35%from the new year, according to Ertnews.
According to the tax bill – which was posted for consultation by October 22 – two main evidence (of the ownership and car) are reduced by up to 35% and 73% respectively, and will also see those who have yachts. The arrangement also provides for complete exemption from the minimum presumption of 3,000 euros for taxpayers’ dependent children with their own income. For example, for a residence of 80 sq.m. At the current marginal factor the presumption is 40 euros/sqm, so the objective expense is 3,200 euros. Now, the marginal rate is 28 euros/sqm. and the objective expense of 2,240 euros. That is, there is a reduction of 30%.
Today the amounts are increased for residences located in areas with a zone price from EUR 2,800 to EUR 4,999 sqm, by 40% and for areas with a zone price of EUR 5,000 or more square meters, by 70%. The above rates are now reduced to 30% and 58% respectively so that in these areas objective expenditure is reduced by 35%.
For detached houses, objective costs are increased by 20% as it is today, but on the new evidence, and for a secondary residence remains 50%, but on new objective expenses.
In particular:
– The living presumption for the main residence is calculated on the basis of its surface and is reduced as follows:
- Up to 80 sq.m. Main spaces, 28 euros per sq.m. (from 40 euros/ sqm)
- From 81 sq.m. up to 120 sq.m. Main spaces, 45 euros per sq.m. (from 65 euros/sqm)
- From 121 sq.m. up to 200 sq.m. Main spaces, 77 euros per sq.m. (from 110 euros/sqm)
- From 201 sq.m. up to 300 sq.m. Main spaces, 140 euros per sq.m. (from 200 euros/sqm)
- From 301 sq.m. and upper main spaces, 280 euros per sq.m. (from 400 euros/ sqm)
Cars
In terms of cars, the changes in the way living presumptions are calculated are up to 15 years of age, ie, which have been classified as of November 1, 2010 and thereafter.
The new way of calculating the evidence for cars. Following the system of calculation of traffic charges:
- For all cars. Up to 15 years of age, that is, for what has been classified after November 1, 2010, objective costs will be determined on the basis of CO2 emissions (in proportion to traffic charges), with a significant reduction in objective expenses, simulating the amount of objective expenses today. This new way of calculating will result in reductions in the amounts of evidence that will be larger and will exceed 50% for new technology and age of up to 5 years and younger for 10 years old cars.
- For car Over 15 years of age, that is, for the first time in the EU. By 2010, the amounts of living presumptions will remain unchanged.
For example:
- Toyota Corolla 1.8 140 Hybrid (1,798 cc, 99 g/km CO2): The presumption falls from € 7,600 to € 2,000, reduced by 73.7%. Even if it is a decade that has so far had a “half” presumption (€ 3,800), the reduction to € 2,000 means a “haircut” of 47.4% in the final taxable income.
- Honda Jazz 1.5 Hybrid (1,498 cc, 102 g/km CO2): The presumption for a new vehicle was 5,800 €, and after a decade it fell to € 2,900. This year, imputed income is estimated at € 2,000, ie a 65.5% reduction compared to the new vehicle or 31% over a decade.
- Fiat 500 1.0 70 (999 cc): The presumption is reduced from € 4,000 to € 2,000, ie 50%, corresponding to the amount it would have after a decade.
In the premium category there are also impressive reductions:
- BMW 116i (1,499 cc, 129 g/km CO2): The presumption is reduced from € 5,800 to € 2,210, ie 61.9%.
- Mercedes A200 (1,332 cc, 133 g/km CO2): It is reduced from € 5,200 to € 2,330, ie 55.2%.
Even in larger or more powerful models the reductions are important:
- Audi A4 35 TFSI (1,984 cc): The presumption drops from € 8,800 to € 2,450 (72.2%reduction).
- Audi Q3 35 TDI (1,968 cc, diesel): It is reduced from € 8,800 to € 2,645, ie 69.9%.
Yacht
For boats today, imputed expenditure from each boat is reduced by 15% by age if it has spent more than 5 years and up to 10 years since the year it was first registered and 30% if it has passed more than 10 years. The changes now reduces the imputed expenditure by 30% on newer vessels, as maintenance costs are not higher in the newer, but also for the purpose of boosting purchasing power.
Example: For a 5 -meter speedboat, the presumption of € 4,000 today is reduced to EUR 2,800 (30%reduction).
The amounts of the annual imputed expenditure are reduced by 50% for sailing boats. At the same percentage, they are reduced by leisure ships built or manufactured in Greece entirely by wood, types of “trachander”, “Varkalas”, “Perama”, “Cherniki” and “Liberty”, coming from the Greek naval tradition.