Amendment in Parliament for extension of check payments

Today the data from Tiresias SA for the checks that were stamped as bounced in October.

Amendment, whereby it will be extended by 75 days by the due date, payment of cheques maturing by 31 December 2020, will be deposited in the Parliament η government.

The measure will apply to undertakings that have suspended function with a state mandate or belonging to one of the affected CDOs and in the six months of April - September 2020 the turnover decreased by at least 50% compared to the same period last year.

Documents of those undertakings which expired after the 6 November or will expire by the time the law comes into force, will not enter the Tiresias.

For bearers who do not collect the cheques, the following will also apply to them 75-day Extension payment of their cheques, if the total value of the securities which they will not collect due to the suspension exceeds the 50% of last year's average monthly turnover their.

If the value of the checks they hold, more the 20% of last year's average monthly turnover, they are entitled to two facilities from the tax authorities, namely an extension until 30 April 2021 for payment VAT which should have been paid between 1-30 November, as well as debts established or to be established on the basis of late submission of declarations with Final Date 30-11-2020 and 31-12-2020, but also suspension of payment of November instalments and December for settled debts.

These two installments will be paid at the end of tuning program.

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