The “freezing” of rates of interest for the everlasting preparations of overdue money owed of pure and authorized individuals to the tax administration for one yr is supplied for by a provision within the context of an modification submitted to the invoice of Ministry of Improvement entitled “Provisions to strengthen client safety, growth and orderly functioning of the market, laws to assist companies affected by extraordinary circumstances”.
The intention of the regulation is to forestall the taxpayers from being overly burdened by the elevated rates of interest after the expiry of the earlier association on 03/31/2024.
What’s supplied?
In additional element, the rate of interest of installments of confirmed money owed to AADE which have been regulated will stay secure till 31/3/2025 on the degree at which it was established till 31/3/2024. It’s also famous that this measure can even have a retroactive nature from 01/04/2024 each for the laws that have been established the earlier month and for those who have been already in pressure.
Thus, the quantity of curiosity for installments of money owed in settlement is shaped in:
– 4.34% for money owed settled in 12 month-to-month installments.
– 5.84% for money owed settled in additional than 12 installments.
For the money owed which have been re-arranged after the lack of the primary (second subordination), the rate of interest is about as follows:
– 5.84% for money owed settled in as much as 12 month-to-month installments.
– 7.34% for money owed settled in additional than 12 month-to-month installments.
It’s famous that with out this legislative intervention, taxpayers could be charged an rate of interest of 6.68% for money owed settled in 12 installments and eight.18% for money owed settled in additional than 12 installments.
The Minister of Nationwide Financial system and Finance, Kostis Hatzidakis, mentioned: “We’re transferring ahead right this moment, as we had dedicated, with the laws that returns for one yr the rate of interest on debt preparations to the tax administration to final yr’s degree. As now we have already finished with EFKA money owed, we be certain that each residents and companies proceed to repay their money owed to AADE with out the exorbitant burdens created by elevated European rates of interest, which in flip push upwards and the rates of interest within the home market”.
Supply: ot.gr
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