May 7, 2024

Athens News

News in English from Greece

ΕΝΦΙΑ: scenario for 2022

The Ministry of Finance is deciding on the final figures for ΕΝΦΙΑ in 2022, which will be announced after the introduction of a new scale of the objective value of real estate objects. As you know, contributions will begin to be paid from March next year. The repayment of ΕΝΦΙΑ will be done in installments as usual.

According to preliminary information, the Ministry of Finance has two main positions for ΕΝΦΙΑ 2022. Christos Staikuras stressed that there is a new average reduction in ENFIA of 8% for all property owners. As a result, based on the new scale for assessing objects, transferring areas to “expensive”, the range of changes will become known (the total increase or decrease in ΕΝΦΙΑ).

Property tax rates are expected to be announced in November this year, the minister said. He also noted that “there will be no full load (strong increase) of ΕΝΦΙΑ,” and the government has “an expected further tax cut of 8%.” As we promised before the elections, our first step was to reduce ΕΝΦΙΑ by 22%. This lag still exists, and we are exploring how this can be done in 2022. ”

The main scenario, which is being considered by the Ministry of Finance, is the abolition of the additional tax, which burdens about 500,000 individuals and legal entities and creates serious problems in the real estate market.

All changes planned in ENFIA will not affect the budget. That is, next year property tax revenues will still amount to 2.6 billion euros.

The new ΕΝΦΙΑ tariff scale is designed to neutralize the sharp increase in prices as a result of a jump in the objective price of real estate. It is expected that the proposals of the working group dealing with the ΦΙΑ issue will take the form of a bill, which will be voted on by the end of the year.

According to the government’s plan, the bill on the new real estate tax will be promulgated early next year. WITH March 2022 d. Millions of property owners will start paying the new property tax in 10 or 12 monthly installments.





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