Greece's Ministry of National Economy and Finance details consultation bill tying income tax relief to number of children and expanding housing incentives

Greece's Ministry of National Economy and Finance published interview highlights in which Deputy Minister George Kotsiras set out the main measures in a draft tax reform bill now in consultation, describing it as a structural reform affecting the whole population. The package includes a new link between personal income tax rate reductions and the number of children, changes to living-expense presumptions, and tax and subsidy measures aimed at increasing housing supply and supporting renters. On the family-related changes, the relief for a taxpayer with three children was described as equivalent to an additional annual salary, rising to two salaries for larger families. Housing provisions include lower taxation of rental income and a three-year extension of the income tax exemption for vacant homes that are brought onto the market under long-term leases. A rent subsidy for primary residences and student housing is set to begin in November 2025 and will be paid automatically without an application, with the Independent Authority for Public Revenue (AADE) conducting cross-checks for eligible taxpayers who did not complete code 081. The draft bill remains under public consultation, while applications for the special income tax regime for Greeks returning from abroad can now be filed electronically via the myAADE platform.