December 12, 2024

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TIF Surprises for Child A21

TIF Surprises for Child A21

Surprises are expected to be hidden in the “basket” of the Prime Minister’s benefits in TIF: one of them could be an increase in the A21 child allowance, as the relevant proposal has already been signed on the “table” and is being examined by the relevant government officials. After all, in general, the “package” of measures to be announced in Thessaloniki will focus in particular on supporting families, against the backdrop of the demographic issue that also casts a heavy “shadow” on our country.

Vangelis Dorakis writes

According to relevant information, the interventions that will be made in the allowance will focus on two main axes, increasing the amount granted and expanding the beneficiaries. In fact, there will also be a “bonus” for families with two or three children with a change in criteria.

The circle of beneficiaries of A21 allowances “opens”.

It should be noted that the income criteria for granting A21 child benefit were established long before the outbreak of the inflation crisis.

Today, in order to receive the maximum benefit (€70 for one child, €140 for two children and €280 for three children) you must have a family income of:
– Up to 10,500 euros for one child
– Up to 12,000 euros for two children
– Up to €13,500 for three children
– Up to 15,000 euros for 4 children

Unfortunately, the relevant income criteria, which have remained stable for years, have come under the “microscope” of the relevant authorities.

What changes with the amounts granted?

However, the amounts awarded will also be audited to make final decisions on their possible increase.

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Today, for the first and second child, the allowance is 70 euros, 42 euros or 28 euros depending on income (for two children 140, 84 or 56 euros).

For the third and each subsequent child, the assistance amounts to €140, €84 and €56 (i.e. for the three children a person receives €280, €168 or €112 respectively, depending on their income range).

The A21 child benefit is provided to more than 900,000 families and concerns more than 1.5 million children, with annual expenditures amounting to around one billion euros.

However, this year, many parents lost their right to receive the benefit, as they showed an “inflated” income and thus an amount remained unused that could be used to increase the amount of child benefit.

In particular, the decrease in the number of beneficiaries also led to a decrease in the cost of child benefits by EUR 156,172,114.

This amount is equivalent to a 15.8% reduction in expenditures that could be allocated to readjusting the amount of benefits or increasing income criteria so that those who showed “inflated” income do not lose the benefit.

It is worth noting that, in order to grant child allowance, an electronic application must be submitted annually, through the IDIKA or OPEKA website on the special platform, by the person responsible for submitting the income tax application or his spouse using his personal Taxisnet codes.