May 3, 2024

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A new emergency batch today from OPEC

A new emergency batch today from OPEC

Today, Friday, April 7, OPCA announced it will also pay child benefit to beneficiaries who were not paid on March 31, 2023, due to Outstanding tax issues from previous years.

Said beneficiaries will have the relevant personal information through the online application for child benefits.

The amount payable, for each case, will be calculated based on the dependent children who will be declared in the A21 of 2023 and of the total household income Citizens of the 2022 tax year. However, until the 2023 income tax return is filed, the 2021 tax year income will be taken into account to calculate the amount owed.

The Welfare and Social Solidarity Benefits Organization (oppa), the above beneficiaries will obtain the relevant personal information, through the electronic application for the child benefit.

beneficiary funds

families with two parents

Examples:

  • A family of two parents and two children, with an annual income of €28,000: The scale of the family equation is: 1 + 1/2 +1/4 + 1/4 = 2. So the equivalent income is: €28,000 / 2 = €14,000. The family therefore belongs to income scale C and will receive an allowance of 56 euros per month.
  • A family of two parents and one child, with an annual income of €26,000: The family equation scale is: 1 + 1/2 +1/4 = 1.75. So the equivalent income is: 26,000 euros / 1.75 = 14,857 euros. The family therefore belongs to income scale C and will receive an allowance of €28 per month.
  • A family of two parents and two children, with an annual income of €18,800: The scale of the family equation is: 1 + 1/2 +1/4 + 1/4 = 2. The equivalent income, therefore, is: €18,800 / 2 = €9,400. The family therefore belongs to income scale B and will receive an allowance of 84 euros per month.
  • A family of two parents and 3 children with an annual income of 13,000 euros: the family equation scale is: 1 + 1/2 +1/4 + 1/4 +1/4 = 2.25. So the equivalent income is: 13,000 euros / 2.25 = 5,777 euros. So the family belongs to the income scale A and will receive 280 euros per month.
  • A family of two parents and two children with an annual income of €12,000: The scale of the family equation is: 1 + 1/2 +1/4 + 1/4 = 2. So the equivalent income is: €12,000 / 2 = €6,000. So the family belongs to the income scale A and will receive 140 euros per month.
  • A family of two parents and 4 children with an annual income of 14,500 euros: the scale of the family equation is: 1 + 1/2 +1/4 + 1/4 + 1/4 + 1/4 = 2.5. So the equivalent income is: €14,500 2.5 = €5,800. The family belongs to income scale A and will receive 420 euros per month.
  • A family of two parents and 4 children with an annual income of €24,500: The parity scale for the family is: 1 + 1/2 +1/4 + 1/4 + 1/4 + 1/4 = 2.5. So the equivalent income is: €24,500 / 2.5 = €9,800. The family belongs to income scale B and will receive €252 per month.
  • A family of two parents and 5 children with an annual income of 27,000 euros: the family equation scale is: 1 + 1/2 +1/4 + 1/4 + 1/4 + 1/4 +1/4 = 2.75. So the equivalent income is: €27,000 / 2.75 = €9,818. The family belongs to income scale B and will receive 336 euros per month.
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Single-parent families

Examples

  • Single-parent families with 3 children and an annual income of €12,000: The family equation scale is: 1 + 1/2 +1/4 + 1/4 = 2. Therefore, the equivalent income is: €12,000 / 2 = €6,000. So the family belongs to the income scale A and will receive 280 euros per month.
  • Single-parent families with one child and an annual income of €9,000: The family equation scale is: 1 + 1/2 = 1.5. So the equivalent income is: 9,000 euros / 1.5 = 6,000 euros. So the family belongs to income scale A and will receive 70 euros per month.
  • Single-parent families with two children and an annual income of €10,500: The family equation scale is: 1 + 1/2 + 1/4 = 1.75. So the equivalent income is: 10,500 euros / 1.75 = 6,000 euros. So the family belongs to the income scale A and will receive 140 euros per month.

What oppa paid for

It is noteworthy that, on March 31, OPEC started disbursing 102.6 million euros to 534,715 beneficiaries. Family benefits for children.

It should be noted that until the filing of the income tax return for the year 2023, the income of the tax year 2021 will be taken into account when calculating the amount due.

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Today, Friday, April 7, OPCA announced it will also pay child benefit to beneficiaries who were not paid on March 31, 2023, due to Outstanding tax issues from previous years.

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Said beneficiaries will have the relevant personal information through the online application for child benefits.

The amount payable, for each case, will be calculated based on the dependent children who will be declared in the A21 of 2023 and of the total household income Citizens of the 2022 tax year. However, until the 2023 income tax return is filed, the 2021 tax year income will be taken into account to calculate the amount owed.

The Welfare and Social Solidarity Benefits Organization (oppa), the above beneficiaries will obtain the relevant personal information, through the electronic application for the child benefit.

beneficiary funds

families with two parents

Examples:

  • A family of two parents and two children, with an annual income of €28,000: The scale of the family equation is: 1 + 1/2 +1/4 + 1/4 = 2. So the equivalent income is: €28,000 / 2 = €14,000. The family therefore belongs to income scale C and will receive an allowance of 56 euros per month.
  • A family of two parents and one child, with an annual income of €26,000: The family equation scale is: 1 + 1/2 +1/4 = 1.75. So the equivalent income is: 26,000 euros / 1.75 = 14,857 euros. The family therefore belongs to income scale C and will receive an allowance of €28 per month.
  • A family of two parents and two children, with an annual income of €18,800: The scale of the family equation is: 1 + 1/2 +1/4 + 1/4 = 2. The equivalent income, therefore, is: €18,800 / 2 = €9,400. The family therefore belongs to income scale B and will receive an allowance of 84 euros per month.
  • A family of two parents and 3 children with an annual income of 13,000 euros: the family equation scale is: 1 + 1/2 +1/4 + 1/4 +1/4 = 2.25. So the equivalent income is: 13,000 euros / 2.25 = 5,777 euros. So the family belongs to the income scale A and will receive 280 euros per month.
  • A family of two parents and two children with an annual income of €12,000: The scale of the family equation is: 1 + 1/2 +1/4 + 1/4 = 2. So the equivalent income is: €12,000 / 2 = €6,000. So the family belongs to the income scale A and will receive 140 euros per month.
  • A family of two parents and 4 children with an annual income of 14,500 euros: the scale of the family equation is: 1 + 1/2 +1/4 + 1/4 + 1/4 + 1/4 = 2.5. So the equivalent income is: €14,500 2.5 = €5,800. The family belongs to income scale A and will receive 420 euros per month.
  • A family of two parents and 4 children with an annual income of €24,500: The parity scale for the family is: 1 + 1/2 +1/4 + 1/4 + 1/4 + 1/4 = 2.5. So the equivalent income is: €24,500 / 2.5 = €9,800. The family belongs to income scale B and will receive €252 per month.
  • A family of two parents and 5 children with an annual income of 27,000 euros: the family equation scale is: 1 + 1/2 +1/4 + 1/4 + 1/4 + 1/4 +1/4 = 2.75. So the equivalent income is: €27,000 / 2.75 = €9,818. The family belongs to income scale B and will receive 336 euros per month.
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Single-parent families

Examples

  • Single-parent families with 3 children and an annual income of €12,000: The family equation scale is: 1 + 1/2 +1/4 + 1/4 = 2. Therefore, the equivalent income is: €12,000 / 2 = €6,000. So the family belongs to the income scale A and will receive 280 euros per month.
  • Single-parent families with one child and an annual income of €9,000: The family equation scale is: 1 + 1/2 = 1.5. So the equivalent income is: 9,000 euros / 1.5 = 6,000 euros. So the family belongs to income scale A and will receive 70 euros per month.
  • Single-parent families with two children and an annual income of €10,500: The family equation scale is: 1 + 1/2 + 1/4 = 1.75. So the equivalent income is: 10,500 euros / 1.75 = 6,000 euros. So the family belongs to the income scale A and will receive 140 euros per month.

What oppa paid for

It is noteworthy that, on March 31, OPEC started disbursing 102.6 million euros to 534,715 beneficiaries. Family benefits for children.

It should be noted that until the filing of the income tax return for the year 2023, the income of the tax year 2021 will be taken into account when calculating the amount due.