The government’s intention to lighten the owners of real estate The Minister of Finance, Kyriakos Pierrakakis, confirmed yesterday (5.5.2025) during his statements, leaving open the possibility of intervening in taxation. lease.
After all, competent Sources of the Ministry of Finance (Ministry of Finance), speaking to newsit.grthey have made it clear that the reduction in taxation in real estate rents is at the top of the government’s priorities list for the measures to be announced at the TIF.
As they point out, an intervention is examined on the rental tax scale by introducing new stairs, as the financial staff is “hearing” the owners’ complaints about the large tax burdens on which they are exposed, thereby enhancing the housing supply.
It is recalled that income from real estate rents to date are taxed as follows:
- At a rate of 15% up to the annual income level of 12,000 euros.
- At a rate of 35% in the annual income section from 12,001 to 35,000 euros.
- At a rate of 45% in the annual income section of over 35,000 euros.
The scenarios
Wanting to change the above taxation framework for rent, the government is processing various scenarios, evaluating the budgetary opportunities that exist and will be formed until August.
According to unconfirmed information, there is a reduction in the minimum tax rate from 15% to 5% for annual income from rents of up to 5,000 euros, which will lead to tax cuts of 500 euros a year for all landlords. The second scenario concerns the application of an intermediate rate between 15% to 35% to date.
Finally, he is being investigated and POMIDA’s proposal to tax rent on the basis of the income tax scale by employees and retirees.