Greece: Changes in calculation of maximum amount of contributions and insurance premiums paid to insurance funds and pension plans

Effective from tax year 2024

Share
February 20, 2025

Law 5178/2025 (Government Gazette Α' 22/14.02.2025) changes the basis for calculation of the maximum amount of contributions and insurance premiums that can be paid by employers and employees to professional insurance funds (TEA) and group insurance pension plans, to the sum of total gross remuneration from employment plus all benefits in kind that are included in the taxable income from employment, effective from tax year 2024.

The law also extends the annual €1500 tax exemption available to employees to contributions and insurance premiums paid for the medical coverage of the employee's spouse and children, effective from tax year 2024.

Read the February 2025 report prepared by the KPMG member firm in Greece

Thank you!

Thank you for contacting KPMG. We will respond to you as soon as possible.

Contact KPMG

Use this form to submit general inquiries to KPMG. We will respond to you as soon as possible.

By submitting, you agree that KPMG LLP may process any personal information you provide pursuant to KPMG LLP's Privacy Statement.

An error occurred. Please contact customer support.

Job seekers

Visit our careers section or search our jobs database.

Submit RFP

Use the RFP submission form to detail the services KPMG can help assist you with.

Office locations

International hotline

You can confidentially report concerns to the KPMG International hotline

Press contacts

Do you need to speak with our Press Office? Here's how to get in touch.

Headline