No more benefits to those paying luxury living tax

Economy
Sun, 26 Jan 2025 7:09 GMT
The process of formulating the asset criteria – bank deposits, bonds and shares, expensive cars or real estate – is entering the final stretch, which will pave the way for an increase in child benefits, minimum guaranteed income and housing allowance granted by OPEKA.
No more benefits to those paying luxury living tax

The process of formulating the asset criteria – bank deposits, bonds and shares, expensive cars or real estate – is entering the final stretch, which will pave the way for an increase in child benefits, minimum guaranteed income and housing allowance granted by OPEKA.

Even the exclusion of beneficiaries from benefits is on the table if it is determined that they pay luxury living tax.

Approximately 6,500 families receiving benefits, mainly children, have been found to be liable for luxury living tax, mainly for the possession of luxury boats, expensive cars with engines over 1,929 cc, or the remuneration of domestic workers. 

Kathimerini

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