Loans: Suggestions for Rewarding Consistent Taxpayers and Borrowers



The Chamber of Commerce of Greece demands that those who succeed and pay loans and taxes be rewarded. The Chamber of Commerce states that citizens and businesses, which in this difficult time remain consistent in their obligations to the State and the banks, should be rewarded despite With this in mind, it submits a comprehensive proposal for the reward of consistent taxpayers and borrowers, as an act that strengthens the credibility of the administration, but also as a sign of reciprocity for the further good cooperation of the two For Mortgages For consistent borrowers with Financial Institutions (those who have not delayed their mortgage payments for more than 60 days in the last five years), the AIF proposes: 1. Deduction of mortgage interest from taxable income: Mortgage interest paid to the bank to be deducted from taxable income.2. Rewarding consistent borrowers with a projected average interest rate reduction of up to 1% .3. It could be considered on a case-by-case basis that the reward has retroactive effect for the last 10 years, as a result of which it also reduces the loan capital.4. 10% refund on the total interest they pay on an annual basis. This return should be reported in January of each year for the previous year.5. Reduction of 20% in the premiums of the mortgaged house or commercial property, in cooperation with the insurance company of the respective group.6. Possibility of extending the years of the loan by 5 years in case the borrower is in a state of emergency.7. For a new mortgage loan, an interest rate discount of 0.50% is granted in relation to the current mortgage interest rate policy (with a fixed or floating interest rate program) .8. Grant a discount of up to 50% on the purchase rate of their credit card. The discount applies to both existing and new credit card holders.9. Doubling the points in the reward programs established by each bank with the cooperating companies. For the consistent borrowers of business loans For the companies that were able to be informed during the crisis years (at least until 31.12.2019) in their loans to the Financial Institutions, the AIF proposes: 1. Extend or publish a new call for proposals for the “COVID-19 pandemic lending interest program for existing SME loans”, with a grant validity by the end of the year. The previous action, which had a positive impact on entrepreneurs, concerned the aid of 5 months until the end of August and the AIF proposes the extension of the subsidy for another 4 months.2. New reduced pricing in floating rate programs for granting new business loans and restructuring existing ones.3. Dose extension by 10 years.4. Projected average reduction of the interest rate of the business loan which will be of the order of 1%. In fact, the reward will have retroactive effect for the last 5 years, as a result of which it will also reduce the loan capital.5. Preferential financing up to 80% of the value of the investment or the property for the purchase, construction or completion of the property with the respective real and guarantee guarantees.6. Interest rate subsidy of up to 50% on the granting of new business loans for the establishment of a new business or the modernization of an existing one.7. Flexibility in the way of repayment for raising working capital liquidity and implementation of investment plans in collaboration with reliable Greek and European institutions. For consistent taxpayers and insured For consistent taxpayers and insured (with reference point on 29.2.2020), the AIF proposes: 1. Doubling the amount (2,000 euros) of the monthly lottery tax draw by AADE, and only the consistent taxpayers should enter the draw.2. From 2022, dividend award by EFKA to the self-employed. After the end of the year, EFKA can, from its surplus, if any, give a monetary amount to the consistent taxpayer or credit it to its insurance card for future use.3. Reduction of the interest rate to 0.5% from 1% for future debts to the state.4. To draw the movable and immovable data that have been confiscated by AADE and no interest has been expressed for their purchase. The government has no benefit from maintaining a zero-income portfolio for long periods of time. The concession and exploitation of these assets will only increase public revenues. In fact, the taxpayer should be able to use them for business use.5. Refund and increase of the tax deduction to 5%, for those who pay income tax, ENFIA and insurance contributions with one-time payment. See here the proposals of OEE Follow it on Google News and be the first to know all the news the world, in



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