Terms and conditions for reintegration into 100 and 120 instalments

A deadline, probably the last one, until September 30 will have those who missed the old regulations of 100 and 120 installments, in order to rejoin them. The online platform was opened yesterday and those interested can at «myBusinessSupport» submit the relevant applications.

The basic requirement is that taxpayers must have missed the adjustment between March 1, 2020 and July 31, 2021, due to the pandemic.

In order for debtors to be able to join the 100 or 120 instalment scheme and pay off their old debts in more instalments, they must:

• Submit a request on the myBusinessSupport platform
• Pay the August 2021 instalment of their arrangement by 30 September 2021, together with the instalment for September 2021.

Taxpayers will be able to revive the arrangement with the deadline date extended by the number of instalments outstanding on the day of revival. That is, the unpaid instalments will be added to the end of the arrangement or arrangements.

But who are those debtors who have the right to rejoin the old 100 and 120 instalment arrangements?;

1. Natural persons, traders, legal persons or legal entities affected due to the measures to deal with the pandemic COVID-19 and having an affected main activity ID.

2. Natural persons who are not self-employed persons and whose employment contract was suspended for any period from 1 March 2020 to 31 July 2021, due to the measures to deal with the pandemic COVID-19.

3. Individuals who received special purpose allowance by unilateral declaration for any period from 1 March 2020 to 31 July 2021.

4. Natural persons who are non-traders who joined the «SYNERGY» aid mechanism for any period of time from 1 March 2020 to 31 July 2021.

5. Non-traders who have received reduced rent for any period from 1 March 2020 to 31 July 2021 and have been compensated following an audit of the «COVID-19» returns.

6. Natural persons who were registered in the unemployment register of the OAED in any period from 1 March 2020 to 31 July 2021.

The application

Upon submission of the debtor's application for reintegration into the old arrangements, the following will appear in the online application of the AADE the instalments of arrangements missed during the period March 2020 - July 2021. By paying the August instalment together with the September instalment by 30 September 2021, the old arrangements will be «unfrozen» and the instalments left unpaid will be added to the end of the arrangements.

The 100 instalment regulation is lost:

• If the debtor fails to pay 3 consecutive monthly instalments of the arrangement or delays the payment of the last 3 instalments of the arrangement for the corresponding period of time.
• If the debtor fails to submit the required income tax and VAT returns throughout the period of the debt adjustment and until its payment, within 3 months at the latest from the expiry of the deadline for their submission.
• If he does not pay or settle his new debts within the time limit for payment.

The 120 instalment regulation is lost:

• If the debtor fails to pay 2 consecutive monthly instalments of the arrangement or is late in paying the last 2 instalments of the arrangement.
• If the debtor fails to submit the required income tax and VAT returns throughout the period of debt adjustment and until the debt is paid, within 3 months at the latest from the expiry of the deadline for their submission
• If he does not pay or settle his new debts within two months of the deadline for payment.
• If he commits repeat tax offences.