Thousands of self-employed individuals in Greece earning less than €10,000 annually are expected to lose partial or total exemptions from the ENFIA tax in 2026 due to new tax criteria.
In Greece, a significant change in tax regulations will affect many self-employed individuals who declare annual incomes below €10,000, as they are likely to face the loss of a 50% or 100% exemption from the ENFIA (Unified Property Tax) starting in 2026. This change is a result of the implementation of objective criteria outlined in law 5073/2023 for determining tax obligations based on family income levels, which is expected to restrict many low-income taxpayers from qualifying for exemptions.
The criteria for determining the total family income eligible for exemption from the ENFIA tax will soon be clarified in a decision by the Tax Administration. This decision will specify exactly what constitutes annual family income, which is critical in deciding who qualifies for either partial or full exemption from the ENFIA due to low income. The adjustments announced will have repercussions for taxpayers, particularly impacting those with limited financial resources, as many depend on these exemptions to alleviate their tax burdens.
As the changes in income assessment come into play, thousands of taxpayers will find themselves with increased financial strain as they will no longer meet the educational income requirements to qualify for relief from this property tax. The loss of such exemptions not only affects individual taxpayers but also signifies broader implications for economic stability amongst lower-income populations in Greece, potentially exacerbating issues of poverty and social inequality as tax burdens increase for those least able to afford them.
