The IVAucher scale can now be used. All you need to know in 10 questions

NSTaxpayers can start to deduct, As of the first Friday of October, the accumulated balance Under the IVAucher program. This benefit accumulated through August can be spent on purchases in segments Catering, accommodation and culture.

The following ten questions, which are answered on the program’s official website, summarize how Balance use phase Act IVAutcherwhich lasts until the end of the year.

1 – Who can use the benefits under the IVAucher programme?

Consumers who are eligible to benefit from IVAucher Join the program, upon accepting the terms of the respective membership, and permitting the delivery of their NIF to the entity operating the system, as well as to authorized third parties in the field of payments.”

2 – In which sectors can I deduct IVAucher credit?

“The credit can be debited inconspicuously, in any of the sectors covered. For example, a consumer may have collected their entire credit with purchases in restaurants and deducted them from purchases in accommodation or culture.”

3 – How is the IVAucher balance charged?

To use the IVAucher balance Just pay with one of the eligible bank cards At a merchant who adheres to the IVAucher program. With the issuing banks joining the IVAucher program, the consumer will pay 100% of the purchase amount and then, if there is an IVAucher balance for this purpose, he will get up to 50% of this amount in the account linked to the card he used for payment within two business days of payment . Therefore, merchants do not have to take any action after becoming a member of the IVAucher Program.”

4 – In which account will I get the refund if I have cards from several participating banks?

“The refund is made by your bank to the bank account associated with the card used for payment. For example, if a consumer uses a Bank XYZ payment card at an eligible institution, the IVAucher balance will be refunded directly by Bank XYZ to the customer of that bank’s bank account” .

5 – Can I use my balance through digital platforms?

“Yes, at the moment, the technical team is working with the largest online platforms that sell goods or services in the sectors covered by the program so that there is an integration that allows the use of credit in this type of intermediary. The list of participating digital platforms will be available from October 1 “.

6 – What do I need to do to start using my IVAucher credit?

“To be able to deduct IVAucher balance, simply join the program. In this membership you will have to register your NIF number, name, email and mobile number. The benefits are used automatically, that is, when you use a payment card from the participating network (see list of banks here) pays The consumer will receive 100% of the purchase amount, after which he will receive up to 50% of that amount in the account linked to the card, which he used to make the payment, within two business days thereafter, the traders do not have to take any action after they become a member of IVAucher.”

7 – When can I start using my credit and for how long?

“The usage phase starts on October 1st and ends on December 31st. The consumer needs to join the program to use the IVAucher credit.”

8 – Is there a limit on IVAucher credit usage?

“No. However, in each transaction, the amount deducted from the balance cannot exceed 50% of the payment amount. For example, in a transaction of €10, up to €5 is deducted from the accumulated balance, which is subsequently refunded to Consumer account, through your bank. In short, you can accrue benefits without any limits, with subsequent use being limited to 50% of the payment amount per transaction.”

9 – Can I transfer my balance to another person?

No. IVAucher credit is not transferable.

10 – What happens to my balance if I do not use it during the program period?

“The amount of the credit that is not used by a consumer, regardless of the consumption sector, shall be considered for the purposes of the collection deduction set forth in Section 78-F of the IRS Code.”

Read also: IVAucher credit deduction? Below are the banks that have already joined the program