Greece Reduces VAT for Islands, Extends Real Estate Relief, and Abolishes TV Subscription Levy

• Law 5246/2025 reforms Greece’s VAT framework, focusing on tax relief and simplification.
• From January 2026, a 30% VAT reduction applies to certain low-population islands and regions, excluding tobacco and transport.
• The 30% VAT reduction for Chios, Kos, Lesvos, and Samos continues after 2026, based on migration structure conditions; for Leros, it ends December 2025.
• The VAT suspension regime for newly built property is extended until December 31, 2026.
• The TV subscription levy is abolished for bills issued from January 1, 2026.

Source: fiscal-requirements.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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