Income tax rates for residents start at 0 per cent on income up to €8,400 or €10,000 and rise up to 40 per cent on income over €23,400, as shown below.
Employees & Pensioners
| Taxable Income (€) | Tax Rate (%) | Cumulative Tax (€) |
| Up – 10,000 | 0 | – |
| 10,000 – 13,400 | 15 | 510 |
| 13,400 – 23,400 | 30 | 3,510 |
| Over 23,400 | 40 |
Self-employed
| Taxable Income (€) | Tax Rate (%) | Cumulative Tax (€) |
| Up – 8,400 | 0 | – |
| 8,400 – 13,400 | 15 | 750 |
| 13,400 – 23,400 | 30 | 3,750 |
| Over 23,400 | 40 |
Non-residents
Income tax for non-residents is levied at the same rates as above except for the first band which is 5 per cent (not 0 per cent), unless 90 per cent of their income is from a Greek-source.