Tax scale for Income from salaried work and pensions (article 12 CFI)

Income Bracket(EURO)

Tax rate %

Tax bracket(EURO)

Income(EURO)

Tax(EURO)

An exaggeration

When the actual income of the taxpayers does not exceed the amount of six thousand (6,000) euros and their presumed income does not exceed the amount of nine and a half thousand (9,500) euros and as long as no business activity is carried out for which the submission of a declaration of commencement of operations or an individual agricultural activity, this income, excluding income from capital and capital transfer capital gains, and the added presumptive difference, are taxed in accordance with this paragraph and paragraph 1 of article 16.

If the actual income exceeds the amount of six thousand (6,000) euros, the excess amount is taxed in accordance with paragraph 1 of article 29. The provisions of this article are also applied to taxpayers who stopped their business activity, for the income they acquired after its interruption.

Income tax reductions (Article 16 of the Income Tax Act)
Article 9 of Law 4646/2019 replaced Article 16 of Law 4172/2013 (ICC) and specifies the reduction of the proportionate tax according to marital status and its limitation based on income .

The amounts of the tax reduction resulting from Article 15 of Law 4172/2013 are redefined, in order to harmonize them with the new reduced rates of taxation of income from salaried work, pensions, as follows:
- to seven hundred and seventy seven (777) euros , from the applicable one thousand nine hundred (1,900) euros, for the taxpayer without dependent children (in the current legislative framework, a condition for the application of this reduction is that the taxable income does not exceed 20,000 euros),

- to eight hundred and ten (810) euros, from one thousand nine hundred and fifty (1,950) euros that applies, for the taxpayer with one (1) dependent child,
- to nine hundred (900) euros, from two thousand (2,000) euros that applies, for the taxpayer with two (2) dependent children,
- in one thousand one hundred and twenty (1,120) euros, from two thousand one hundred (2,100) euros in force, to a taxpayer with three (3) dependent children and in one thousand three hundred and forty (1,340) euros, from the applicable two thousand one hundred and (2,100) euros, to a taxpayer with four (4) dependent children.
- For each additional dependent child after the fourth, the tax reduction is increased by two hundred and twenty (220) euros, for each subsequent child .