According to the new legislation and the latest ministerial decision 1230/2020 the possibility of tax “subsidized” optional rent reductions of at least 30%, following agreements between owners and tenants, applies to months of September, October, November and December 2020, in the following lease cases:
*Professional leases of facilities in businesses still affected by the coronavirus.
*Primary residence leases , when the tenant is an employee or the spouse of an employee in the above “affected” businesses, if his employment contract has been temporarily suspended due to Covid-19.
* Student real estate leases to cover the housing needs of a child – a dependent member, who is studying at a higher education institution outside his place of permanent residence, as long as at least one parent is an employee of an affected company and whose employment contract has been temporarily suspended due to Covid-19.
* Residential leases to seafarers whose seafaring contract is still suspended. The reduction in this case will be effective from October.
It is clarified that an optional rent reduction can be made freely for any rental category, and at any rate, and declared on TAXISNET. However, if the tenant’s activity code is not included in the below KAD, and the reduction is not at least -30%, there is no right to a tax refund of 12% of the full rent.
POMIDA members can enter directly with their passwords on the member page of POMIDA (Department of Model Lease Documents) and to read and print the Information Circular with our detailed instructions on the correct drafting of optional rent reduction agreements, namely:
* What are the three conditions for it to be valid the tax refund by 30% field of her “Notes”. declaration of the lease details in the relevant application of TAXISNET
* *What will each owner who will agree to make a rent reduction, except that by making it easier for his tenant, he reduces the risk of finding himself without a tenant, which is the most important thing in today’s situation!
The complete list of the KAD to which the tax-subsidized optional reduction applies for the months of September and October is detailed in the corresponding news on the website us.
