Government to Pay “Social Dividend” Christmas Bonus by Dec 14



Social Dividend Payout (aka Christmas Bonus), File Photo

Online applications for the “social dividend“, or Christmas bonus, will be available next week for recipients on a special online platform set up by the government. The distribution of the bonus totaling 1.3 to 1.4 billion euros, will take place before December 14.

In all, the social dividend payout, along with other retroactive payment programs, will result in a surge of some 1.5 billion euros hitting the market in the weeks leading up to Christmas.

In order to receive the Christmas bonus from the government, applicants must first confirm their pre-filled application forms at www.koinonikomerisma.gr, just like the previous year. Candidates must also provide their tax registration number (AFM), their social security number (AMKA), an email address and a cell phone number.

The income criteria for eligibility for the Christmas bonus will be determined by a joint ministerial decision as it was last year. The amounts payable to individuals will range from 350 to 1,350 euros, following the 2017 model put in place by the government.

Adjustments

In a small change for 2018, the property ownership threshold will rise by 5,000 euros due to the increase in properties’ taxable rates.