< Back to all clusters
[POLITICS] · Greece · 2 sources

started · updated

Greece raises tax‑free tip limit to €6,000 annually

The Greek government approved a change to the tax‑free allowance for tips received by salaried workers. The annual exemption will rise from the current €300 per month to €6,000 per year, with the threshold now calculated on an annual basis rather than monthly. The reform, set to take effect from the 2026 fiscal year, is intended to reflect the seasonal nature of employment in hospitality, tourism and other service sectors.

Under Law 5162/2024, the new limit will also preserve the exemption from social‑security contributions for tips of any amount. The Ministry of Finance announced that the measure will be submitted to parliament in September and will apply retroactively for the entire 2026 tax year. Prime Minister Kyriakos Mitsotakis highlighted the change as a step toward fairer treatment of workers who earn most of their income during short seasonal periods.

Entities

Greek government · Kyriakos Mitsotakis · Law 5162/2024 · Ministry of Finance (Greece)