The interest rate charged on overdue debts to the Tax Office remains unchanged at 8.76% annually (0.73% for each month of delay) for another two years, according to a decision signed by Economy and Finance Minister Kyriakos Pierrakakis.

As stipulated by the decision, the interest rates set out in Article 53 of the Tax Procedure Code - which concern interest on late payment of taxes and interest on the refund of unduly paid taxes - remain unchanged.

Thus, the interest rate for late payment of taxes and fees will remain unchanged at 8.76% per year (0.73% per month), while the rate for the refund of unduly paid taxes will remain "frozen" at 6% per year (0.50% per month of delay).
It is recalled that the Ministry of National Economy and Finance has also "frozen" until March 2026 the interest rates applied to permanent repayment arrangements.

Under the recent decision, the interest rate on installments for confirmed debts that have been placed under a repayment arrangement will remain unchanged until March 31, 2026 (i.e., as they stood on March 31, 2025).

These interest rates apply both to existing arrangements and to new ones, making it easier for debtors to stay current with their obligations.

Specifically, they remain:

- At 4.34% for arrangements of up to 12 installments, and
- At 5.84% for more than 12 installments.