High economic growth rates, increased incomes, employment and consumption, reduced tax evasion, and market price increases are expected to bring additional tax revenues of €2.649 billion in 2026, according to the draft Budget.
Total tax revenues are projected to reach €73.527 billion, with the main sources of increase being VAT with €1.6 billion and corporate income tax with €859 million. Conversely, the state will lose revenue from personal income tax due to lower rates in the tax scale favoring middle and high incomes, as well as from ENFIA property tax after a 50% reduction for primary residences in settlements with up to 1,500 inhabitants.
What the 2026 Budget forecasts
Specifically, based on projections:
– Revenues from taxes on goods and services will amount to €40.818 billion, increased by €1.747 billion or 4.5% compared to 2025, with VAT revenues reaching €29.508 billion, up by €1.599 billion from 2025. Collections from Special Consumption Taxes will reach €7.447 billion, increased by €53 million compared to 2025.
– Income tax revenues will reach €26.710 billion, increased by €742 million or 2.9% compared to 2025. Specifically, personal income tax will amount to €15.785 billion, reduced by €93 million from 2025, as a result of new interventions in the tax scale. Corporate income tax is projected to reach €8.659 billion, increased by €859 million from 2025, due to estimated improved business results in the current tax year, which will be declared in 2026.
– Revenues from regular property taxes will amount to €2.328 billion, reduced by €83 million from 2025, mainly due to the 50% reduction in ENFIA for primary residences in settlements with up to 1,500 inhabitants (and its abolition in 2027).
– Import taxes and duties are expected to generate revenues of €427 million, increased by €27 million from 2025.
– Revenues from other production taxes will reach €659 million, increased by €164 million from the 2025 estimate, mainly due to the provision for collecting €200 million from the Greek state’s participation in Bank of Greece profits.
– Capital taxes will amount to €250 million, the same level as 2025, and revenues from other current taxes will reach €2.334 billion, increased by €52 million from 2025.
– Sales of goods and services are projected to generate revenues of €1.097 billion, reduced by €116 million from 2025.
– Revenues from sales of fixed assets are expected to reach €55 million, increased by €24 million from 2025.
– Refunds of unduly collected revenues are projected to amount to €7.955 billion, increased by €361 million from 2025.
