The government and the Ministry of Finance, in cooperation with the Ministry of Development and Investment, and with the assistance of AADE , responding to the needs of businesses that have been adversely affected by the pandemic coronavirus crisis, have proceeded to amend the decisions for all cycles concerning the Reimbursable Advance.

This decision was taken in order to ensure that beneficiaries who have not completed their submission within the previous deadline can submit the necessary supporting documents.

In particular, with the adoption of relevant decisions (B ́ 3878, 3879, 3880, 3881 and 3882) the possibility is again provided to beneficiaries who have not submitted the required supporting documents. The supporting documents are submitted through the electronic platform "myBusinessSupport". The deadline is August 31^st, 2022. The deadline is final and at the end of the event, the beneficiary is deemed not to have complied with the conditions for granting the aid;. Please note that it is possible to make a one-off payment of the repayable amount of aid received. This can be done until the 29^th of July 2022, with a 15% discount on the refundable amount of the aid received. It applies only to businesses that have submitted the required supporting documents. The payment must be made no later than July 25^th, 2022.

The rates of aid for the repayable advance

It is recalled that the repayable part of the aid amounts to the following percentages of the aid received. Condition that the employee retention clause provided for in each cycle for the Repayable Advance and the obligations of the beneficiaries have been complied with:

a) For businesses that have started operations before January 1^st, 2019, did not open a branch from April 1^st, 2019 to December 31^st, 2020 and have positive gross revenues in 2019, in:

• 25% of the aid. Since the decrease in the gross revenue of 2020 of the company exceeds 70% compared to 2019. Also, the business has a loss before tax or
• 33.3% of the aid. As long as the decrease in the gross revenue of 2020 of the company amounts to at least 30% and up to 70% compared to 2019. Also show losses before tax or
• 50% of the aid, for all other undertakings.

(b) For new businesses that have started operations after 1^st January 2019 or for businesses that opened a branch from 1^st April 2019 to 31^st December 2020 or have zero gross revenues in 2019, to:

• 25% of the aid. If the decrease in the gross revenue of 2020 of the company exceeds 30% compared to the revenue of 2019 and the company shows losses before taxes or
• 33.3% of the aid, for all other undertakings.

For businesses that have not submitted the necessary supporting documents or have not complied with the employee retention clause provided for in each cycle for the Repayable Advance, the aid is reimbursed in full (100%), in a lump sum and with interest. There is no possibility of discounting.

It is recalled that notifications for the payment of the refundable amount are posted on the myAADE information system of the Hellenic Tax Administration. The selection is made in the Register & Contact / e-Notifications. An e-mail is also sent to the e-mail address declared by the debtor. Businesses can then view their debts from the refundable part of the aid in the AADE system (myAADE). Refunds.

Debts can also be paid via the IRIS Online Payments system, on myAADE ( myaade.gov.gr ). Debts are credited immediately.