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Coronavirus Business: Who is entitled to reduced rent for the summer months

The possibility of extending the reduced rent against 40%, in the month of June, to all companies that remain closed and to companies that belong to the sectors…… tourism, of catering, of Transportation, culture and sports, announced Chr. Staikouras, while the same possibility in all companies that opened in May, including retail.

in addition to, according to what Mr.. Staikouras, in businesses belonging to the tourism industry, of Transportation, culture and sports, It is possible to reduce the rent during the months of July and August.

Right to reduce rent for their 1st residence and student residence of their dependent members, retain all employees whose employment contracts are on temporary suspension.

Prediction for owners

For owners who lease properties in affected businesses and employees, the deadlines for the payment of the confirmed debts are suspended. also, for these owners, provided the possibility of offsetting part of the lost income, with tax liabilities after July.

Reacting, POMIDA states that no clear announcement has been made about the percentage of tax relief for property owners and reiterates that "the serious problems that arise for property owners are on the one hand the refusal of a portion of tenants to pay the 60% of rent, with impossible appeal to justice, and on the other hand the tax treatment of voluntary reduction of rents for the next period ".

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