One of the main interventions announced today at a press conference at the Ministry of Finance to specialize the measures announced on Saturday (6.9.2025) by Prime Minister Kyriakos Mitsotakis from the TIF step, was the reform of the TIF. living documents.
Living presumption is defined as the minimum annual income required for the maintenance of mobile and immovable property assets as well as the minimum cost of annual living. They are reduced by 30% and in particular the presumptions for residences, cars and boats, and will be excluded from the minimum objective expenditure of 3,000 euros to dependent children with their own income.
The reform in question is modified and reduced the evidence for
- the houses,
- cars and
- the boats.
In addition, the minimum objective expense of EUR 3,000 will be excluded from dependent children with the same income.
The annual budgetary costs are estimated at € 40 million and is about 477,000 taxpayers with added tax difference due to living evidence.
1. Homes
Objective Expenditure, based on the square meters of the ownership or leased or free -granting main residence
Today the above amounts are increased for residential residents in areas with a zone price, according to the objective determination of real estate, from EUR 2,800 to EUR 4,999 per square meter, by 40% and for areas with a zone price of EUR 5,000 and over a square meter, 70%.
The above rates are reduced to 30% and 58% respectively so that in these areas the objective expense is reduced by 35%:
- For detached houses, objective costs are increased by 20% as it is today, but on new objective expenses.
- For a secondary residence remains as it is 50% off the new objective expenses
2. Private Car Car
Cars today are subject to objective spending based on cubic centimeters exclusively. There is also a reduction in the age of 30% for cars of 5 – 10 years and 50% for cars over 10 years. However, maintenance costs are not higher for younger cars than the older ones, while the current situation is deterring to buy a newer car under the decade.
Reform: For cars sorted after 1/11/2010, objective costs will be determined by CO2 (in proportion to traffic charges), with a significant reduction in objective costs, similar to the amount of objective expenses today.
3. Yachts
For boats today, imputed expenditure from each boat is reduced by 15% according to its 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 spent more than 10 years.
The imputed expenditure is reduced by 30% on newer vessels, as maintenance costs are not higher in the newer, but also for the purpose of boosting purchasing power.