With emphasis on the middle class, the support of families and the treatment of the housing crisis, the prime minister’s announcements are expected. Kyriakou Mitsotakis by the step of her 89th Thessaloniki International Exhibition. The “Measure Basket” will include taxation, income aid and three surprises that, according to government sources, will give a new impetus to the economy and enhance social cohesion.
The largest tax reform of the last decades
Government executives talk about the “greatest tax reform ever made”, with the aim of Increase available income and relief from accuracy. Measures will be included in the budget and will be in force by January 1, 2026directly affecting employees, freelancers, pensioners and the whole middle class.
New tax -centered tax scale
The government is introducing a new taxpayer which takes into account the composition of the household. The aim is to reduce weights for families with children, especially at a time when births are expected to fall under 68.000 – New historical low.
Today tax discounts start at 900 euros for families with a child and reach up to 1,580 euros for four children. The new model abandons this system and predicts important Increasing tax -free for older children.
Evidence shows that:
This gives fiscal margin for brave reliefs, as beneficiaries are limited.
The concept of ‘family income’
A basic innovation is the introduction of family income. To date, each member has been taxed separately, leading to distortions.
For example:
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Family with one employee (30,000 euros annual income) and two children, more charged
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By a family with two employees (15,000 euros each) and also two children
With the new regulation, families are treated as a single tax entity, leading to a fairer weight distribution.
Child allowances and housing on the table
The tax reform will be combined with a new design of benefit policy. Is examined more generous and targeted child allowancewith possible application by 2026.
At the same time, at the heart of the measures the housingwith interventions expected to support young people and families to face the increasing cost of housing.
Pensions: Decreases in Personal Difference and 2.5% Increases
Significant changes are also launched for retirees:
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Review of personal difference deprived of increases today to thousands of beneficiaries
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Reduced tax withholding With the new tax scale
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Increase main pensions by up to 2.5%with the final decisions lock in late September, depending on the course of growth and inflation
Pensioners number more than 2.5 million citizens, that is, about 25% of the population. The question is the net income to rise at a rate greater than inflation, estimated near the 2,4% For 2026.
Hidden paper: ENFIA exemption in border areas
Reportedly, the prime minister’s “strong paper” may be the Completely abolishing ENFIA for the first residence in border areas. A measure with a high political and social footprint, which will function comfortably for thousands of families.