Market Pass: The platform opens today

market pass

Opens today, Friday September 15 electronic platform for submitting applications for the grant of the Market Pass. New beneficiaries can submit an application, since for old the system will automatically make new applications.

In order to grant the allowance income from this year’s declarations will be taken into account and those who have applied (old and new) will be notified whether their application has been accepted or not.

Which months and dates

Note that the Market Pass 2, as it has been established to be called, covers the months of August, September and October. The amounts will start to be paid gradually from September 29 to November 5 depending on the category of beneficiaries and the time of submission of applications and clearing of tax returns.

According to the Ministry of National Economy and Finance, the platform will remain open until October 31, 2023 and as planned those who have received the aid in the first round do not need to apply again while for the income criterion the this year’s tax returns.

However, for the old beneficiaries, there is the possibility of submitting a new application, until September 25, 2023, in the event that they wish to modify the method of granting the financial aid from a digital debit card to a bank account, and vice versa or the IBAN number of the bank account of their choice has changed.

What stakeholders should know

Those interested should know the following:

  1. A new digital card is issued for the new beneficiaries to make purchases exclusively in grocery stores, supermarkets, butchers, pastry shops, dairy shops, bakeries, street markets, various food shops. The new card will remain activated until December 31, 2023. For those who had received the aid, a new card will not be issued as the validity of their card is extended until December 31, 2023. Those who had chosen or will choose to pay the allowance into a bank account will receive 80% of the aid they are entitled to. That is, 17.60 – 80 euros per month or 52.80 – 240 euros for the quarter. In this case the aid is used by the beneficiaries without restrictions.
  2. The Market Pass ranges from 22 to 100 euros per month as long as the allowance is paid on an immaterial digital card. For the quarter, the amounts amount to 66 – 300 euros.
  3. The aid is paid to natural persons, single or married or widowed or persons who have entered into a cohabitation agreement or are separated or divorced who meet the income and property criteria defined. Especially, for married people or persons who have entered into a cohabitation agreement. The beneficiary is the person liable to submit the income tax return or one of the two in case of submitting a separate return. Natural persons who have submitted a tax return for 2022 on time will receive the aid if they have an income of up to 16,000 euros for an unmarried debtor or a debtor in a widowed or separated state, 24,000 euros for a married debtor increased by 5,000 euros for each child, other dependent member and hosted member of the household, 24,000 euros for a single-parent family with an additional 5,000 euros for each other dependent child and guest member, after the first. The value of the real estate should not exceed 250,000 euros for unmarried, widowed or estranged debtors and 400,000 euros for married or cohabiting parties and single-parent families.
  4. According to the schedule, the financial assistance payments for the months of August, September and October will be made:
  • Until September 29, 2023 for applications submitted until September 25, 2023 and for those who had already received the aid and are eligible again. A necessary condition is that the tax returns of the beneficiaries have been cleared by September 25, 2023.
  • Until November 5, 2023 for applications submitted after September 25 and until October 31, 2023, and for those whose tax returns are cleared after September 25.