On December 5, 2022, the Order No. 14043-A/2022, from the Cabinet of the Minister of Finance, which approves the withholding tax tables applicable to income from dependent work and pensions earned by holders resident on the Mainland to be in force during the first half of 2023. These tables include the update of the exemption limit withholding tax to €762 per month, through the application of the Minimum Existence, as well as updates to limits and retention rates.
As of July 1, 2023, and pursuant to the Order No. 14043-B/2022 A new model of withholding tables will come into force, following a marginal rate logic, in harmony with the IRS levels that are relevant for the annual assessment of the tax.
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