Following the vote approving the government’s policy platform in the early hours of Tuesday morning, action to bring tax cuts that strengthen the middle classes and kickstart the Greek economy will begin, according to ANA.
The first fast-track bill to be tabled in the parliament by the end of the week will include reductions in the 2019 and 2020 ENFIA property tax, new more favorable conditions for the 120-installment debt settlement scheme and changes to the standard settlement of 12 to 24 installments offered for debts to the tax office. The second bill is expected to be tabled in the parliament in September and will include reductions in household and business income tax and measures to support the construction sector.
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Photo Source: Wikimedia Commons License: CC-BY-SA Copyright: Γιώργος Βουδούρης
