rent reduction

(English) The government is considering reducing rent due to continuous lockdown.

Συγγνώμη,αυτή η εγγραφή είναι διαθέσιμη μόνο στα Αγγλικά Αμερικής και Ουρντού.

The government is considering reducing rent due to continuous lockdown.

 

In April 2021, the financial staff is considering extending zero rents (full discounts on rent) for companies’ commercial properties.

Which were closed due to lockdown under the order of the government and will continue to remain closed. And for those affected by K.A.D., respectively, the rent will be reduced by 40%. Because the lockdown has been extended. And it is doubtful that the end of the lockdown will begin gradually by the end of March.

Precisely, this means that, according to current data,

the following sectors will receive a full rent discount in April:

Catering,

Culture,

Games,

Tourism,

Transport

And gym departments.

If businesses closed on government orders do not reopen by the end of March, all companies operating in the sector will be included.

Its monthly cost is equivalent to 70 million euros, while a total of 210 million euros have been allocated since the beginning of the year.

The process of registering the code for February applications for fare reduction will continue till March 31.

Note that the code entry process for February applications will continue until March 31. Payments to employers are planned for mid-April. The platform will then work on requests made in March. Which will provide full exemption from the obligation to pay rent for companies that remain closed under government order.

Meanwhile, as of March, fares are being reduced by 40% for companies belonging to other affected KAD.

While employees whose employment has been temporarily suspended/postponed.

Students who rent a house

And for those who live with those students, there is a 40% reduction in fares.

In addition, according to the financial staff’s announcements, the government has resolved two important issues related to rents. Which emerged as urgent issues.

This problem arose with the newly formed companies who started their work on 20/3/2020 and later.

For Businessmen Affected by Lockdown

In particular, the program provides details of the companies and businesses that have suffered a loss due to the lockdown, in one of the branches on which the government has imposed sanctions. The rent for this loss-making branch headquarters will also be reduced by 40%. The affected branch will then be given a full rebate. And the whole company can be exempted from paying 100% of the rent.

(A. 1040/2021) Relevant decision

Rental reforms for 2020;

However, thousands of business people are awaiting a response from the government following their requests, for which they have not yet been paid. In 2020, these requests were sent to the finance department.

In particular, property owners who have been granted the right to apply, if both the recipient and the third party are affected, will be compensated by the government.

The government is expected to reduce the rent.

At the same time, the government is expected to announce compensation in the near future for those who voluntarily reduced their fares by at least 30% last September and October due to the Coronavirus lockdown.

This condition will be imposed in the legislation.

The legislation would stipulate that if the tenants entered into an agreement with the property owner, the rent for the months of September, October 2020 would be reduced by at least 30% to deal with the effects of the lockdown. The landlord will apply for a rent change (“COVID Declaration”). On which 12% tax will be deducted on the actual rent.

The sources of this news are: sofokleousin.gr

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