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HomeEconomyThe income subsidy...

The income subsidy will be paid out to 185,000 families within two days. The average amount of assistance varies from 86 to 109 euros per month for five years.

The first payment of the emergency income subsidy (one of the measures of the More Housing package) goes on Tuesday to 34,937 beneficiaries (contract holders) with retroactive effect until January 2023. From now on, every month (for 5 years) they receive support. The average amount of support from this universe is 86.12 euros.

This first universe was defined by the Social Security Service and is for families with no work income reported to the IRS. In the first half of June, more than 150,000 beneficiaries will receive payments calculated by the tax office (TA) with declared income from work.

The average support cost per holder of these contracts is around 109 euros, also retroactive to January. There are about 185,000 beneficiaries with automatic and direct debit payments.

Author: Miguel Alexander Ganan([email protected])
Source: CM Jornal

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