The new debt arrangement gives thousands of taxpayers, self-employed professionals and businesses the opportunity to settle tax debts to the ΑΑΔΕ as well as social security debts to e-EFKA in up to 72 monthly instalments.
The measure covers certified debts that became overdue up to 31 December 2023 and aims to facilitate citizens and businesses seeking to return to tax and social security compliance, while also gaining significant advantages such as tax or insurance clearance certificates, as well as suspension of enforcement measures.
Which debts can be included in the arrangement?
The new arrangement may include:
Certified tax debts that became overdue by 31/12/2023.
Debts that are not already under an active arrangement on the date the application is submitted.
Debts that are not subject to payment suspension or, in certain cases, are selected by the debtor for inclusion.
The application is submitted electronically by 31 December 2026.
For social security debts to e-EFKA, the arrangement includes debts relating to periods up to 31/12/2023, provided they were not under an active arrangement on 21/04/2026 and have not been included in another arrangement by the date the application is submitted.
If there are social security debts incurred from 01/01/2024 onwards, these must be settled under the applicable framework (standard arrangement) in order for inclusion in the 72-instalment arrangement to be possible.
Conditions for inclusion in the 72-instalment arrangement
In order for the application to be approved, the interested party must:
Have settled their remaining overdue debts
The taxpayer must not have any other unpaid overdue debts or must have lawfully arranged them.
Have submitted all tax returns
A necessary condition is the submission of all income tax returns for the last five years.
There must be no irrevocable conviction
Those who have been irrevocably convicted for tax evasion or smuggling cannot be included.
For social security debts, it is also required that there are no unarranged debts outside the new arrangement. In the event of debts from 01/01/2024 onwards, these must have been settled in accordance with the provisions in force.
How many instalments are there and what is the minimum amount?
The new arrangement provides for:
Up to 72 monthly instalments.
Minimum monthly instalment of 30 euros.
Fixed interest rate throughout the duration of the arrangement.
Possibility of early repayment of the debt.
Likewise, for social security debts to e-EFKA, the arrangement also provides for up to 72 monthly instalments with a minimum instalment of 30 euros, while inclusion is completed with the payment of the first instalment by the last working day of the month in which the application is submitted.
Inclusion is completed with the payment of the first instalment, which must be paid within three working days from the submission of the application.
What are the benefits for the debtor?
Inclusion in the debt arrangement to the Tax Office offers significant advantages:
Issuance of tax clearance certificate
The taxpayer gains the ability to obtain a tax clearance certificate for transactions and professional activities.
Suspension of criminal prosecutions
Criminal prosecution for debts to the State is suspended for as long as the arrangement is being properly observed.
Protection from enforcement measures
Seizures, auctions and other compulsory collection measures relating to the regulated debts are suspended.
Facilitation of business activity
Businesses gain greater flexibility in managing their financial obligations and improve their tax standing.
For insurance debts, compliance with the arrangement also provides the possibility of obtaining an insurance clearance certificate, as well as the suspension of criminal proceedings and enforcement measures, in accordance with the provisions laid down by e-EFKA.
When is the arrangement lost?
The arrangement ceases to apply when:
Two consecutive monthly instalments are not paid.
Other overdue debts outside the arrangement are not settled.
New overdue debts arise and are not repaid or arranged within the prescribed time limits.
In the case of insurance debts, the arrangement is also lost when two consecutive monthly instalments are not paid or when the debtor does not settle their new insurance obligations throughout the duration of the arrangement.
In the event that the arrangement is lost, the outstanding balance of the debt becomes immediately payable.
New 72-instalment arrangement: An important opportunity for households and businesses
The new arrangement of debts to the Tax Office is an important opportunity for taxpayers, self-employed professionals and businesses that wish to settle their debts on favourable terms and regain tax compliance.
72-instalment arrangement for the Tax Office and e-EFKA: What do you need to know?
Although the two arrangements have common features, they are implemented by different bodies and are governed by different conditions. For this reason, it is important that tax and insurance debts are checked in advance, so that the appropriate procedure is selected and mistakes that may affect admission to or retention of the arrangement are avoided.
AFS by your side for every tax and accounting need
AFS undertakes the review of your tax and insurance debts, assesses the conditions for inclusion and handles the application submission process, so that you can ensure the proper use of the new 72-instalment arrangement.
Complete the contact form and a specialised AFS adviser will contact you to review your case and suggest the appropriate solution.
