Greece Payroll Data 2026

Based on research from official sources and payroll guides:

Standard Rates:

Employee Contribution: 13.37% (when both pension and health are covered by EFKA)
Employer Contribution: 21.79%
Total: 35.16% (reduced from 36.16% in previous years)

Contribution Cap:

Tax Brackets (2026 - Standard)

Number of Children	Annual Tax Discount	Notes
0	€777	Base discount
1	€900	+€123 from base
2	€1,120	+€220 from 1 child
3	€1,340	+€220 from 2 children
4	€1,580	+€240 from 3 children
5	€1,780	+€200 from 4 children
6+	€1,780 + €220 × (children - 5)	Additional €220 per child beyond 5th

Important: The discount is reduced by €20 for every €1,000 of annual taxable income above €12,000.

Example: For 3 children with €25,000 annual income:

Significant reductions:
- €10,001-€20,000: 22% → 9% (13 point reduction)
- €20,001-€30,000: 28% → 20% (8 point reduction)

Tax reductions (not contribution rate reductions):

Under 25: Zero income tax for earnings up to €20,000 annually
- €0-€10,000: 9% → 0%
- €10,001-€20,000: 22% → 0%
25-30: Reduced tax rates (9% entry level instead of 22%)

Contribution Rate Variations: Social security contribution rates do NOT vary by age group or number of children in Greece 2026. The rates are standard for all employees.
Tax Variations: Income tax rates DO vary based on:
- Number of children (tax discounts and rate reductions)
- Age group (special rates for young workers)
Calculation Method: For families with children, tax is calculated as:
- Calculate tax using standard or reduced bracket rates
- Subtract the effective tax discount (discount reduces by €20 per €1,000 above €12,000)
- Formula: effectiveDiscount = baseDiscount - floor((annualIncome - 12000) / 1000) * 20