New 22% surcharge targets taxpayers missing 30% electronic spending threshold
Taxpayers who fail to meet a 30% electronic spending share of their annual income by the end of 2026 will face an additional 22% tax on the shortfall.
From the end of 2026, any taxpayer who does not achieve electronic expenditures equal to 30% of their yearly income will be levied a supplementary 22% tax on the deficit, and the rule extends through 2027. The obligation covers employees, pensioners, agricultural workers, independent professionals and property-rental income earners, who must use electronic methods such as credit, debit, prepaid cards or e-banking for qualifying purchases.
Self-employed persons face particular scrutiny because their minimum taxable income, together with related allowances, can push the required electronic spending higher, potentially triggering the surcharge. In 2024, the additional tax collected from those with insufficient electronic receipts reached €87.21 million, a rise of almost 60% compared with 2023. Taxpayers can amend their records if they possess the necessary documentation, and special provisions lower the required percentage for those who have already paid income tax, property tax, loan interest or rent exceeding 60% of their income, or for those with seized bank accounts.
Why it matters
The surcharge could increase tax burdens for millions of Greek taxpayers who fall short of electronic spending targets.
In this story
