Greek government to lessen social security contributions for professionals

Greek government on Monday evening announced a reduction of social security contributions by 33.3 percent for self-employed professionals and farmers, with the measure to apply as of Jan. 1, 2019, if ratified – as expected – in Parliament, naftemporiki.gr reports.

The measure was included in a draft bill submitted by the labor and social insurances ministry, and aims to satisfy a demand by associations, groups and unions representing self-employed professionals to reduce “stratospheric” contributions imposed as part a “tax tsunami” in 2016.

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