Check out 125 euros arriving in October for those receiving up to 37,800 euros a year

The 125-euro subsidy announced by Prime Minister Antonio Costa on Monday night covers every citizen who is not a pensioner, those who have a total annual income of 37,800 euros, which in many cases will correspond to 2,700 euros. . Monthly total in euros, if we take an employee as an example (because this is the average value that results from dividing salary by 14 months, plus holiday and birthday allowance). The check will be paid once in October.

For the government to assess whether or not a citizen is entitled to this support, it will take into account the annual value of income for 2021, with this reference being a total of €37,800, PÚBLICO emphasized.

And this annual reference was taken into account that Antonio Costa, when he announced in the National Palace of Agoda The package of eight anti-inflation measures said the measure includes those who earn 2,700 euros a month, which is considered 14 months.

Antonio Costa explained that the benefit includes all citizens, as long as they are not retired. That is, this support is intended for employees, the self-employed (including workers who provide services for green receipts), the unemployed or other citizens receiving support from Social Security.

“he is [uma medida] For everyone, public or private. who are employed or unemployed. Whether they are beneficiaries of social benefit or not. Everyone who is not a pensioner and has an average monthly income of more than 14 months of €2,700 [brutos] monthly. It’s a value for every person, not every family,” Costa explained.

“It is a procedure that applies to all taxpayers of the IRS; to those who, depending on their income, are exempt from paying income tax; to those who, depending on their income, are exempt from filing an income tax return; and to all recipients of social benefits, whether unemployment benefits, or Social Unemployment, Social Integration Income (RSI), Social Integration Benefit or Subsidy for Informal Caregivers,” said the Head of Government.

For example, if a married couple earns minimum wage (705 euros) or if one of them earns 1,000 euros total and the other earns 800 euros, they will each receive a 125-euro transfer in October. If the spouses have children, the family will receive greater support, since everyone up to the age of 24 is entitled to a maintenance of 50 euros.

Regarding the transfer to every citizen, Costa explained that in some cases, the Tax and Customs Administration (AT) will make the payment, and in others, the originator will be Social Security.

The transfer will be made directly to the bank account of each citizen. Since the taxpayer, when submitting the IRS statement, must indicate the IBAN in the event that they receive a refund from the IRS, the tax authorities have this information in the database, and from there, they will continue to pay the check to the account that is already indicated. If the entity paying the transfer is Social Security, depending on the citizen’s circumstances, then the payment must also be made to the associated IBAN.

And what happens if someone does not have the IBAN indicated in the AT nor in Social Security? Antonio Costa admitted that there may be a “restricted world” that should refer to the bank account with one of the entities that will be making the payment. He explained that those at risk, would be workers who are not registered with the tax administration “because they have an income level that is not required” to file an income tax return and who are also not registered with Social Security because of the amount of income. It does not qualify them to receive any support from the Institute.

The prime minister said the measure will be fully supported by the state’s general budget revenue, even in cases where the Social Security Institute pays.