Lockdown: Financial support measures in “red” areas



The government’s financial staff is giving a breath of fresh air to companies that are in lockdown areas with the announced measures. For the reason that the outbreak of the coronavirus pandemic has created serious problems for businesses and the government is bringing new professionals These measures concern areas included in level 4 “Increased Risk”. Measures for areas with lockdown The package of financial support measures includes, inter alia, special purpose compensation, the suspension of payment of tax liabilities and loans, the reduction of rents, but also the non-return of part of the “repayable advance 4”, which will be given in December. In detail, the package of measures is as follows: 1. For the period during which the declaration of the Regional Unit at level 4 is valid, the employees of companies-employers who are located or have a branch in the said Regional Unit and are significantly affected according to the expanded list of KAD April, may be temporarily suspended. are entitled to special purpose compensation, in proportion to the period set at a minimum of 14 days, estimated at 534 euros. Read also: Koronaios – Why did Kozani enter a lockdown contributions, calculated on the nominal salary from the state budget. For companies that are closed by order of a public authority, the employment contract of the employees is obligatorily suspended and for as long as the suspension is valid, the dismissals are invalid. The companies, for an equal period after the lifting of the suspension are obliged to keep the same number of employees.2. Freelancers, the self-employed and business owners employing up to 20 people, based in a Regional Unit included in level 4 and significantly affected according to the expanded list of KAD April, including scientific disciplines, are given special purpose compensation of 534 euros, amounting to on a monthly basis. In case the duration of stay at level 4 of the Regional Unit is 14 days or less, the monthly compensation amounts to 300 euros.3. For companies based in a Regional Unit that is part of level 4 for at least 14 days and are significantly affected according to the extended list of KAD April, including scientific disciplines, it is possible to suspend the payment of VAT payable in that month, until 30 April 2021. This debt will be repaid in 12 installments with zero interest rate or 24 installments with an interest rate of 2.5% from May 2021 onwards.4. Businesses based in a Regional Unit that is included in level 4 for at least 14 days and are significantly affected according to the expanded list of KAD April, including scientific disciplines, are entitled to a mandatory reduction of rent by 40% on their commercial real estate. The same applies to the main and student residence of suspended employees. For the owners who rent real estate in these companies and the above employees, 1/3 of the loss is offset by their tax liabilities.5. In the “repayable advance 4” that will be given in December, for all companies that are based in a Regional Unit located from August and then for at least 14 days at level 4, 50% of this “repayable advance” is not refundable. Read also: Staikouras – Non-refundable 50% of the 4th refundable deposit in the “red” areas In addition, for all companies based in a Regional Unit located from August onwards for at least 14 days at level 3 or under special restrictive measures , 30% of this “repayable advance” is not refundable.6. The suspension of loan installments continues based on the expanded list of KAD in consultation with the Hellenic Banking Association.



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