which provides for the introduction of a new scale, according to which you will add up all income from salaried services, and â€œscore padsâ€.
For example, a taxpayer with income from salaried services 25,000 euros, the 2015 paid tax 3.800 euro. If you had income from a â€œpadâ€ of 15,000 euros, will be paid a tax 3.900 euro. A whole, i.e., 7.700 euro.
According to the script that processes the financial staff and reveals the Mega, this income is no longer aggregated. You will enter in a new scale, which, however, has much higher rates. The same taxpayer for the same income will pay total tax of 11,000 euros!
The 384â‚¬ the national pension â€“ “Axe” in pensions over 1,400â‚¬
Happy Easter, wished today, Sunday (20.03.2016) a little after 10.30 in the quartet with the ministers of Labour, Giorgos Katrougalos and Finance Euclid Î¤ÏƒÎ±ÎºÎ±Î»ÏŽÏ„Î¿Ï‚. The head of depart today, Sunday, leaving open two key issues of the insurance and the tax-exempt of the tax.
The lenders will return on 2 April and a new appointment with the financial staff has been appointed for the 4 of the month, as told by the Labour minister Giorgos Katrougalos. The discussions at the technical level will continue until Thursday.
According to the minister, the aim is to complete the negotiation between the government and the institutions until the 11th of April, so it is programmed the next Euro Working Group (EWG). In accordance with information of newsit.gr insurance closed all issues with the exception of the replacement rate, supplementary pensions and, of course, the increase in the contributions of employers and employees which is directly linked to the fate of the supplementary pensions.
With regard to the national pension, it was agreed that this is 384 euro and is granted with 20 years of insurance.
For the recalculation of pensions, there is a huge difference between the requirements of the quartet, and the positions of the government, in particular, in the first section for fifteen years.
The quartet proposes the replacement rate to fall to 0.40% for the first fifteen years. However, this requirement is not accepted in any way by the government, said a senior executive at newsit.gr and he added: “it Will be ÎºÎ±Ï„Î±ÎºÏÎµÎ¿ÏÏÎ³Î·ÏƒÎ·. If we accept 0.4% pensions, in particular, the lower will be slaughtered”. The Greek side argues that it’s not going to give in to the padding under the 0,77%.
“To the extent that we capture the budgetary targets for 1% of GDP in 2016, and the projections show an additional 0.5% of GDP until 2018, how redistributive is the system, is a policy decision of the government. I don’t ÏƒÏ…Î³ÎºÏ…Î²ÎµÏÎ½Î¿ÏÎ¼Îµ and there’s this kind of commitment stemming from the agreement,” said mr. Katrougalos referring to the argument about the replacement rates.
Just before the departure of the representatives of the institutions, spokesman of the European Commission, made the following statement: “The mission has been productive. Significant progress has been made in the reform of the income tax. In addition progress was made on key aspects of the reform of the pension. The work is in progress and will continue during the holiday of Easter. The head of the institutions will return to Athens on 2 April for a resumption of talks with a view to its completion as soon as possible”
With regard to the department of insurance 25 or 35 years, the information indicate that there is convergence, and the government agrees to increase the percentages, to prevent the provision of incentives for avoidance of insurance between 25 and 35 years old, since the amount of the pension is not large between the two time milestones, with the result that workers would have no incentive to insure themselves after 25 years, while on the contrary, will have an incentive to ÎµÎ¹ÏƒÏ†Î¿ÏÎ¿Î´Î¹Î±Ï†ÏÎ³Î¿Ï…Î½..
The big issue of supplementary pensions, which pensions will be cut will depend on two factors. From the amount of supplementary pensions and the replacement rates. In the case that the sum of the two pensions, i.e., adjuvant, and new syntax that results from the replenishment is less than 1,400 euros, it’s not going to be no cut. If, however, the sum gives a larger amount of 1,400 euros, then hung the axe of pruning.
How high will be the cut he can’t tell yet, but according to calculations of the ministry of Labour is expected to affect only 5% of pensioners, i.e., approximately 125,000 people. With regard to the main pensions, the government, as stated and after the negotiation of the Sabbath (19.03.2016) the minister of Labour George Katrougalos, insists she is a “red line” that will not been jimmied and cut would not exist.
The discussions for the insurance will be continued until April 2, with the technical level of the quartet and going back to the table of ministers with the chief after the return of the head in Athens.