Greece: Amendments to Solidarity Tax and Social Contribution

as of 1st of January 2021


With the provision of article 298 of law 4738/2020, with which paragraph 50 was added to article 72 of law 4172/2013, Greek solidarity tax has been abolished for one year, as of January 1st, 2021. 

Should the taxable income from employment and pensions exceed the amount of €12,000, the above reductions are diminished by €20 per €1,000 of taxable income. 

Changes also effective as of January 1st 2021, include the social contribution percentage as follows: 

Employee contribution 14,12% 
Employer’s contribution 22,54% 

In addition to the above, as of January 29th, 2021 the authorities announced the publicized provisions, replacing Article 97 of Law 4387/2016 (F.E.C. 85 A’) in respect of paragraphs 3 and 4, providing for the payment of insurance contributions towards insured freelance lawyers and engineers, registered before and after 1.1.1993, who are included in the subsidiary insurance of the T.E.T.A.A.  

The contributions are effective as of 01.01.2021 and are classified into the three (3) insurance categories noted in the table below.  

EFKA (TSMEDE)- Category 1  
Employee  contribution 14.12% + €26 per month 
Employer’s contribution 22.54% 
EFKA (TSMEDE)- Category 2 
Employee contribution 14.12% + €31 per month 
Employer’s contribution  22.54% 
EFKA (TSMEDE)- Category 3 
Employee contribution 14.12% + €37 per month 
Employer’s contribution 22.54% 

For additional information, please contact our Director, Mr. Antonis Gavrielides, at our Eurofast office in Athens via email at 

Eurofast is a regional business advisory organisation employing local advisors in over 23 cities in South East Europe & Middle East (SEEME). The Organisation is uniquely positioned as one stop shop for investors and companies looking for professional services in South East Europe & the Middle East. 

Antonis Gavrielides
Eurofast Athens