The payment of the allowance is expected to be “locked” together with all the rest, when the costing of all the benefits that the prime minister intends to announce by the TEF.
What was discussed is the effort to include more beneficiaries in the accuracy check. This group includes low pensionersthe unemployed, disabled, uninsured senior citizens and several other categories of citizens.
What will be announced at TIF?
According to information, among the support measures, is the absorption of the readjustment clause until the middle of 2023, the fuel pass 3rd and reinforced accuracy check.
An increased is also being considered heating benefit for the winter of 2022-2023, support for low and medium pensioners and finally the largest increase in the minimum wage which is expected to return to the levels before the memoranda and to reach 751 euros from 713 euros where it is at the moment.
At the same time, there are new tax breaks on the table which, if conditions permit, will be activated from 2023. The aim of the interventions is to strengthen the low and middle income which are affected by the wave of revaluations.
In this context, the reduction of the corporate profits tax rate from 22% to 20% from the next financial year is being considered. It is worth mentioning that this year’s business profits will be taxed at a rate of 22% from 24%.
In regards to VAT there is the thought of reducing the rates to 11% and 22%, from 13% and 24% today, maintaining the super-reduced rate at 6%. This specific measure has a very high fiscal cost, which is why it has not yet been approved. The financial staff is weighing the data and it remains to be seen if it is in its package TEF a reduction in VAT was also announced.
In summary, the support measures:
Raising the minimum wage: It is estimated that the prime minister will give the direction for an increase in the minimum wage, without specifying it, since there are specific procedures, which he would not want to overdo under any circumstances. Information wants the minimum wage to be set at pre-memorandum levels, i.e. at 751 euros, from 713 euros which it is today.
Pension increase: From January 1, 2023, it is estimated that there will be increases in pensions which, according to Labor Minister Kostis Hatzidakis, will concern all retirees.
Solidarity contribution: The draft of the new budget, which will be submitted to Parliament in the first week of October, will include, among other things, the abolition of the solidarity levy for civil servants and pensioners.
Accuracy Check: For 2022, the granting of a new accuracy check is being considered, in order to support the low pensioners, the unemployed and those who belong to the category of vulnerable social groups.
Reduction of the Pretense Fee: There are scenarios for a 50% reduction in the pretense fee at a cost of 200 million euros for the state coffers, but it is one of the measures that will be judged on par five and depending on the course of public finances.
Fuel Pass 3: In the event that fuel prices remain at high levels, there will be a new round of aid.