The new budget brings a heavy burden for households and businesses, as from 2026 they will need to pay approximately 6 billion euros per month in direct and indirect taxes, in order for revenues flowing into state coffers to reach 73.5 billion euros. The new tax “harvest” is increased by 2.5 billion euros or 3.5% compared to this year.
The largest portion of tax burdens is concentrated in the second half of the year, where revenues of 40.668 billion euros are expected, compared to 32.799 billion euros in the first half of the year. The most “loaded” month for taxpayers and small-medium enterprises is July, when a total of 8.564 billion euros must be paid, as this is when payment of the first installment of income tax from tax return settlements begins.
In contrast, March is the month with the smallest burden, as obligations are limited to 5.014 billion euros. The 2026 tax year ends on February 28, 2027, with the settlement of the final installments of property tax (ENFIA) and income tax.
Read: Budget 2026: All measures for wages, taxes and pensions – Tax reliefs and income enhancements
According to the targets set in the budget, January is expected to collect 6.136 billion euros, February 5.724 billion euros, March 5.014 billion euros, April 5.466 billion euros, May 5.078 billion euros, June 5.381 billion euros, July 8.564 billion euros, August 6.324 billion euros, September 6.412 billion euros, October 6.679 billion euros, November 5.728 billion euros and December 6.961 billion euros.
Total tax revenues are projected to reach 73.527 billion euros, with the main sources of increase being VAT and corporate income tax. Conversely, the public sector will have revenue losses from personal income tax, due to lower rates in the tax scale that favor middle and high incomes, as well as from ENFIA property tax, after a 50% cut in the “bill” for primary residences in settlements with populations up to 1,500 inhabitants.
Specifically:
Revenues from taxes on goods and services will amount to 40.872 billion euros, increased by 1.658 billion euros or 4.2% compared to 2025, with VAT revenues forming 29.229 billion euros, increased by 1.603 billion euros compared to 2025. Collections from Special Consumption Taxes will amount to 7.460 billion euros, increased by 53 million euros compared to 2025.
Income tax revenues will reach 26.757 billion euros, increased by 690 million euros or 2.6% compared to 2025. Specifically, personal income tax will amount to 15.815 billion euros, reduced by 75 million euros compared to 2025, as a result of new interventions in the tax scale. Corporate income tax is projected to reach 8.576 billion euros, increased by 788 million euros compared to 2025, due to estimated increased business results for the current tax year, which will be declared in 2026.
Revenues from regular property taxes will amount to 2.328 billion euros, reduced by 83 million euros compared to 2025, mainly due to the 50% reduction in ENFIA for primary residences in settlements with populations up to 1,500 inhabitants (and its abolition in 2027).
From taxes and customs duties on imports, revenues of 432 million euros are projected, increased by 27 million euros compared to 2025.
Revenues from other taxes on production will reach 661 million euros, increased by 155 million euros compared to the 2025 estimate, mainly due to the provision for collecting 200 million euros from the Greek State’s participation in Bank of Greece profits.
From sales of goods and services, revenues of 1.061 billion euros are projected, reduced by 151 million euros compared to 2025.
Revenues from sales of fixed assets are projected to reach 51 million euros, increased by 16 million euros compared to 2025.
