Two-month extension in your payment



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Extended up to 26 of February the term for the payment of road tax vehicular. At the same time, the validity of the economic support measures to face the economic consequences of the pandemic is extended, as jointly announced by the Ministries of Finance and Labor for the month of December. In particular, the announced measures are the following:

1. Employees of company-employers across the country who are affected according to the expanded list of KAD April, can be temporarily suspended from employment and are beneficiaries special purpose compensation, proportionally to the suspended period, estimated at 534 euros per month. For the previous period, the full insurance contributions are calculated proportionally, calculated on the nominal salary of the State Budget. The companies, during the suspension of the employment contract of the employees and for an equal period after the lifting of the suspension, are obliged to maintain the same number of employees. For companies that are closed by order of a public authority, the employment contract of employees is obligatorily suspended and as long as the suspension is valid, dismissals are invalid.

2. For companies whose operation is suspended by order of public authority within the month, it is possible to suspend the payment of the installments of the regulated tax and insurance debts, payable in December, and their reimbursement is postponed to the corresponding installments at the end of the regulations in force.

3. For employees whose employment contract is established in suspension, it is possible to suspend the payment of the installments of the regulated tax debts that are payable in December, and their payment is postponed to the corresponding installments at the end of the current regulations.

4. Suspension of payment of bank loan installments continues based on KAD’s expanded list, in consultation with the Hellenic Banking Association, until the end of the year.

5. As announced and already rolling out, everything is being expanded subsidies unemployment ending in September, October, November and December for two months.

6. Mandatory spreads telecommuting throughout the territory to at least 50% of the workforce, in the public and private sectors, with the exception of activities in which there is an objective impossibility of teleworking. The measure of mandatory application of flexibility of arrival and departure of private sector employees in their work is expanded, with the corresponding adjustment of their schedule, for the areas of greatest risk.

7. All companies affected by the extended list of KAD April, have the right to rent reduction by 40% on its commercial properties for December as well. The same applies to the primary residence of employees suspended from employment and the student residence of their dependent members. For the owners who rent real estate in these companies and the aforementioned employees, and in December, 50% of their loss will be paid to the beneficiaries and will be credited to their bank accounts.

8. The Refundable Advance 5 will be granted in January 2021, based on the fall in billing September-December 2020. 50% of the aid is non-refundable, provided that the same level of employment is maintained until the end of June 2021. All companies will be able to participate, as long as they meet the criteria for falling turnover. Additionally, new businesses that opened in September and October will be eligible to participate. The amount of aid determined by the formula to be applied will take into account the entire September-December period and will be adjusted based on the amount received by the companies of the Refundable advance payment 4. In this way, those who were unable to request the Refundable Advance 4 have the opportunity to receive aid for the entire amount, as well as to make the necessary adjustments to the data entered in the previous state.

9. Payment of the 2021 transit fees is extended for two months, until February 26, 2021.

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