Staikouras: Measures 1.1 billion to be exact - What he predicts for salaries in 2022
The real income of the employees is increasing. Wages for dependent work are estimated to increase by 4.1% in 2022, compared to 2021, according to what the Minister of Finance, Christos Staikouras said in Parliament.
"This year's Budget marks the overcoming of the health crisis and records the transition of the economy from the strong recovery of 2021, to the high and sustainable growth of 2022, through a more extroverted, competitive, innovative, fair, smart, green and digital productive model ».
This was stated by the Minister of Finance Mr. Christos Staikouras in the Standing Committee on Economic Affairs of the Parliament for the State Budget of 2022 on Tuesday morning.
Tax cuts in 2022
"We have pledged to further reduce taxes and insurance contributions. We did it! "And we will continue to do so in 2022," said the Minister of Finance and cited the measures to support income.
Indicatively he mentioned:
Ωση Reduction of ENFIA - average - by 22%.
. Reduction of the import tax rate on individuals, from 22% to 9%.
. Reduction of the withholding tax rate for dividends, from 10% to 5%.
. Reduction of the tax advance for natural persons engaged in business activity, from 100% to 55%, and for legal entities, from 100% to 80%.
. Reduction of corporate income tax, from 28% to 22%.
. Abolition of the tax of parental benefits - donations for first degree relatives, for real estate and movable values, which concerns values up to 800,000 euros.
. Reduction of insurance contributions by 1 + 3 percentage points.
▪ Low tax rate for all agricultural schemes, amounting to 10% ".
"To these tax cuts", as Mr. Staikouras said, "are added:
Περ The further, total reduction of ENFIA.
▪ The exemption from the special income solidarity contribution for private sector employees.
. The reduction of the mobile subscriber fee, and the abolition for young people up to 29 years old.
▪ The suspension of payment of pay-TV fee, until June 2022.
. As well as reduced VAT rates on transport, coffee and non-alcoholic beverages, cinemas and tourist package, gyms and dance schools, until June 2022.
Salary increase
The real income of the employees is increasing. "Wages for wage work are estimated to increase by 4.1% in 2022, compared to 2021. And they do not include, the second increase of the minimum wage that will take place within the next year", stressed the Minister of Finance.
"The Greek economy covers -in 2021- at least 2/3 of the lost domestic product, signaling that in 2022 not only is it expected to restore the level of domestic product in 2019, but this to increase further, by 1.7%," he added. Mr. Staikouras and stressed that the cash and cash equivalents today exceed 39.5 billion euros.
Accuracy and measures 1.1 billion.
The Minister of Finance noted that price increases, especially in the energy sector, create a significant and increasing burden on households, especially the most vulnerable, while once again he spoke of a pan-European crisis, due to a combination of factors.
"It should be noted, of course, that the size of price increases in our country is currently lower than the Eurozone average, while, according to the autumn forecasts of the European Commission, the annual inflation in Greece, both in 2021 and 2022, is projected to remains at the lowest level among all European Member States.
Also, despite the upward trend, until October 2021 the price level remained, on average, below the pre-crisis level of 2019 ", stressed Mr. Staikouras, noting that the government has taken measures of 1.1 billion. he said :
1st Implements measures to permanently increase the disposable income of citizens, in order to support their purchasing power. Measures to reduce taxes and insurance contributions, as well as interventions for successive increases in the minimum wage.
2nd Implements targeted measures to deal with the energy crisis.
Including:
. Increases state subsidy on electricity and gas bills.
. Enhances the heating allowance, by expanding the income and property criteria.
. Doubles the amount of the minimum guaranteed income for the month of December.
▪ Grants an extraordinary payment of half a salary to health workers and EKAB employees.
. Provides additional support to low-income retirees, increased for each protected member.
. Provides additional assistance to people with disabilities.
Λογ It launches the return of the Excise Tax on diesel for farmers.
. Reduces VAT on animal feed.
Therefore, to date, the total amount of short-term interventions to limit the effects of rising inflation amounts to 1.1 billion euros.
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