In practice landlords will only be ‘compensated’ for 30% of their lost income. The remaining 70% is a mandatory direct subsidy to eligible commercial and residential tenants from the owners’ pockets. And on top of the billions of European and national funds available to support businesses, compared to which the 30% tax break is really a pittance…
POMIDA did not question the need to support businesses and their employees, but the way of enforcing it, which should be the rent subsidy. We found out very early on that unfortunately in the design of this measure there was not the slightest provision for compensation of even one euro to the property owners for the losses they are suffering due to the corona virus crisis and the literally destructive interventions of the state in the rental market, while for everyone else was raining 800s…. That is why POMIDA fought a hard fight to convince that the lessors of real estate with this measure turned into “victims without KAD” as a result of yesterday’s amendment, which does not remove the injustice against them.
In this context, the fair solution for the owners and the economy is:
– Procedurally, to be obliged to a responsible declaration on a special platform, all those self-employed freelancers who imposed rent reductions on their landlords without any documentation to date,
-To be deducted from this year’s tax burdens of the owners 50% of the cuts,
-Enact a substantial discount on the timely payment of the 2020 ENFIA, and
– To reduce by 40% the objective values of real estate for all 2021 taxes.
