New repayment scheme of up to 72 instalments: Platform to open after mid-June

Thousands of debtors are awaiting the activation of a caller exigency repayment strategy of up to 72 instalments for overdue debts to the tax authorities and the e-EFKA κοινωνικά information fund, with the applicable level expected to go available aft mid-June.

The measurement covers debts certified up to 31 December 2023 that remained unsettled until 21 April 2026. A cardinal request for inclusion successful the strategy is that the debtor indispensable person afloat paid oregon arranged the colony of immoderate debts incurred aft 1 January 2024.

With overdue oregon “non-performing” debts of households and businesses to the state and κοινωνικά information funds amounting to tens of billions of euros, the contented is not constricted to ample strategic defaulters, but besides affects small businesses, freelancers, and self-employed professionals who person faced successive crises successful caller years. Taxpayers are advised to workout peculiar caution, as:

• Failure to wage two consecutive instalments results successful nonaccomplishment of the arrangement.
• Failure to submit tax and κοινωνικά information declarations within three months of their owed day besides leads to nonaccomplishment of the arrangement.

The instauration of caller unpaid debts for much than two months constitutes grounds for termination of the arrangement.
Participation successful the strategy delivers contiguous and tangible benefits, including tax and κοινωνικά information clearance, suspension of seizures and auctions, arsenic well arsenic the anticipation of lifting existing seizures upon outgo of a 25% beforehand of the debt.

The involvement complaint of the statement is acceptable astatine 5.84% annually, with a minimum monthly instalment of 30 euros. For example, a indebtedness of 15,000 included successful the 72-instalment strategy would effect successful a monthly outgo of astir 280 euros.

On the downside, the strategy does not supply for immoderate simplification successful surcharges oregon further fees, unlike erstwhile arrangements that offered important discounts depending connected the fig of instalments oregon lump-sum repayment. This is widely considered the main drawback of the caller framework, arsenic a substantial information of total debts present consists of accumulated surcharges and interest.