Home Economy Market Pass: Applications from 1 February – Beneficiaries and Criteria

Market Pass: Applications from 1 February – Beneficiaries and Criteria

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Market Pass: Applications from 1 February – Beneficiaries and Criteria

From February 1, an electronic platform is expected to open for filing applications for its provision. Market Passalso known as the shopping card and the first payouts are expected from the end of the month.

Applications for the trading card “will begin on February 1, and once completed, funds will be available throughout March. The process will start on February 1,” Deputy Development Minister Nikos Papathanasis told Action24.

Recall that under this program, the state will cover 10% of the monthly household expenses for shopping in the supermarket. It is estimated that around 3.5 million citizens are beneficiaries.

Beneficiaries and inclusion criteria

The beneficiaries of assistance are individuals who are single or married, or widows, or persons who have entered into a cohabitation agreement, or are separated, or divorced.

In particular, for persons who are married or who have entered into a cohabitation agreement, the beneficiary is the person who is obliged to file an income tax return in accordance with article 67 of Law 4172/2013, or one of the two in the case of filing a separate return.

  • Their annual total family income, regardless of its source, real or perceived, is up to EUR 16,000 for an unmarried debtor or a widow or a living apart debtor and EUR 24,000 for a married debtor or spouse , or parties to a cohabitation agreement, who file a separate tax return based on sub. bb’ paragraph f of paragraph 4 of article 67 of Law 4172/2013 (judicial support or bankruptcy), or married couples filing a tax return on the basis of paragraph b of paragraph 4 of article 67 of Law 4172/2013, or individuals who have entered into a cohabitation agreement and have filed a joint tax return without children, which increases by €5,000 for each dependent child, other dependent member and guest household member.
  • For a single parent family, the aforementioned income is €24,000, which increases by €5,000 for each dependent child, other dependent member and guest member after the first. The total annual family income does not include what is collectively exempt from income tax.

For purposes of determining marital status, number of dependent children, other dependent members and guest members, and income criteria, data from the Tax Year 2021 Personal Income Tax Return prepared on December 31, 2022 are used. If spouses or cohabiting parties file separate declaration, the greater number of children declared on one of the two (2) declarations will be accepted.

The total value of real estate deriving from the 2022 EN.FIA Administrative Determination Act, the debtor, spouse or cohabiting party and dependents, according to Law 4172/2013, children declared in the income tax return for the 2021 tax year, not exceeding the amount of 250 EUR 000 for unmarried, widowed or separated debtors and EUR 400,000 for married or cohabiting couples and single parent families.

Who is excluded?

  1. The exception is natural persons who are listed in the income tax return as dependent members of the debtor in accordance with Article 11 of Law 4172/2013.
  2. Individuals who have declared on their Personal Income Tax Declaration that they are placed.
  3. Individuals subject to wealth tax.
  4. Foreign tax residents.
  5. Individuals who have not submitted their 2021 income tax return by December 31, 2022.

To determine the above benefits, the data of the personal income tax declaration for the 2021 tax year, compiled as of December 31, 2022, and other sources are used.

Author: newsroom

Source: Kathimerini

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