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The Income tax rates and personal allowances in Greece are updated annually with new tax tables published for Resident and Non-resident taxpayers. The Tax tables below include the tax rates, thresholds and allowances included in the Greece Tax Calculator 2021.
| Tax Rate | Taxable Income Threshold | ||
|---|---|---|---|
| 9% | Income from € 0.000.00 | to | € 10,000.00 |
| 22% | Income from € 10,000.01 | to | € 20,000.00 |
| 28% | Income from € 20,000.01 | to | € 30,000.00 |
| 36% | Income from € 30,000.01 | to | € 40,000.00 |
| 44% | Income from € 40,000.01 | and above | |
| Tax Rate | Taxable Income Threshold | ||
|---|---|---|---|
| 9% | Income from € 0.000.00 | to | € 10,000.00 |
| 22% | Income from € 10,000.01 | to | € 20,000.00 |
| 28% | Income from € 20,000.01 | to | € 30,000.00 |
| 36% | Income from € 30,000.01 | to | € 40,000.00 |
| 44% | Income from € 40,000.01 | and above | |
| Solidarity Tax Rate | Taxable Income Threshold | ||
|---|---|---|---|
| 0% | Income from € 0.000.00 | to | € 12,000.00 |
| 2.2% | Income from € 12,000.01 | to | € 20,000.00 |
| 5% | Income from € 20,000.01 | to | € 30,000.00 |
| 6.5% | Income from € 30,000.01 | to | € 40,000.00 |
| 7.5% | Income from € 40,000.01 | to | € 65,000.00 |
| 9% | Income from € 65,000.01 | to | € 220,000.00 |
| 10% | Income from € 220,000.01 | and above | |
An individual tax payer receives a tax credit of € 777.00 in 2021, this amount is gradually reduced as salary increases above the tax credit threshold (see note below table).
| Tax Credit | Number of Dependents |
|---|---|
| € 0.00 | 0 |
| € 810.00 | 1 |
| € 900.00 | 2 |
| € 1,120.00 | 3 |
| € 1,340.00 | 4 |
| € 220.00 | For each additional dependent child |
Note that the amount of tax credit reduces by € 20.00 for every € 1,000.00 that exceeds the dependents tax credit threshold of € 12,000.00 for taxpayers with € 4.00 or less dependents.
Taxes, including personal income tax, expenses and limitations are reviewed by the Government in Greece periodically and typically updated each year. Not that not all tax rates and thresholds in Greece change annually, alterations to tax policy to support strategic economic growth in Greece mean that the certain areas may be focused on to provide specific tax relief in Greece or support growth in certain areas (overseas invstment in Greece for example may mean reduced non-resident income tax rates in Greece for a period).
When tax policy in Greece changes, the resultant tax tables also change. Tax tables in Greece are simply a list of the relevent tax rates, fixed amounts and / or threholds used in the computation of tax in Greece, the Greece tax tables also include specific notes and guidance on the validity of scenarios (for example, qualifying criterea for specific tax relief / allowances) and notes of the calculation of phaseout of specific tax elements within each taxation group (dividends and corporation tax thresholds in Greece for example).
Greece Tax Tables may also be referred to as Greece Tax Slabs, Greece personal allowances and tax thresholds or Greece business tax rates. They all refer to the tax tables, whether in whole or as specific sections/categories of the tax tables therein. In the section, we publish all 2021 tax rates and thresholds used within the 2021 Greece Salary Calculator. This means that if you are aware of a 2021 tax exemption or 2021 tax allowance in Greece that you are entitled too BUT it isn't listed here, that we don't allow for it in this version of the Greece Salary Calculator. This is simply because we updated our tax calculators based on user feedback, we tailor the Greece Salary Calculator to suit our users needs. Our aim is to keep tax calculations in Greece simple, we achieve this my making the Greece tax calculators relevent to our community's needs, this includes you. So, if you would like a new 2021 tax rates, allowance or threshold adding (or perhaps updating), or if you notice an error in our 2021 tax calculations, simply contact us and we will adjust the tool.
Choose a specific income tax year to see the Greece income tax rates and personal allowances used in the associated income tax calculator for the same tax year.
Social Security in Greece for employees is applied on all annual income between € 18,304.00 and € 22,048.00. Various rates are Applied for each element of social security with social security contributions in Greece split between the employer and the employee. The social security contribution rates inGreece in 2021 are provided below.
| Social Security Sector | Total Contribution | Employee Rate | Employer Rate |
|---|---|---|---|
| Main pension | 20% | 6.67% | 13.33% |
| Auxiliary (supplementary) pension | 7% | 3.5% | 3.5% |
| Health insurance | 7.1% | 2.55% | 4.55% |
| Unemployment | 6.96% | 3.28% | 3.68% |