The extended deadline for submitting annual tax returns in Greece officially ends at midnight tonight. Taxpayers who have received a tax bill after filing must pay any outstanding income tax by 31 July.
Payment Options and Discounts
The tax can be paid either:
- In full, with a 2% to 4% discount, depending on when the return was filed. Those who submitted by 30 April are eligible for the maximum 4% discount.
- In eight monthly instalments, with the first due by 31 July.
For those unable to meet the payment through the standard instalment plan, two additional alternatives are available:
- Credit card payment in up to 12 interest-free instalments. The same discount (2%–4%) applies if the full amount is paid by 31 July.
- Tax authority instalment plan, offering up to 24 monthly payments. However, these come with interest:
- 4.34% interest for up to 12 instalments
- 5.84% interest for 13 to 24 instalments
What the Tax Data Shows
As of now, 6,629,328 tax returns have been processed. From these:
- 2,301,039 taxpayers must pay an average of €2,051 each in additional income tax. This is a rise from last year’s average of €1,993. The increase is attributed to:
- Adjustments in wages and pensions
- Imputed income calculations applied to freelancers and self-employed individuals
- 1,449,834 taxpayers (21.87% of filers) are due refunds, totalling €563.4 million, or €388.5 per person on average.
- 2,878,454 returns (43.42%) were neutral, with neither payments nor refunds required.
