Business assistance package in connection with the coronavirus crisis – continued

The restrictions imposed by the Dutch government in the fight against coronavirus continue to significantly affect the possibility of doing business, and their duration dooms entrepreneurs to an increasingly difficult financial situation.

In this regard, since the beginning of the global pandemic, the Government has been developing various assistance packages. The first package expired in May, and the second in September 2020.

At the moment, state support measures have been extended in the third edition, which is limited on July 1, 2021.

We have already written about some of them earlier. here Now let's dwell on the following.

A wider range of people will be able to take advantage of payments through the TVL system (Tegemoetkoming Vaste Lasten), aimed at compensating the fixed costs of entrepreneurs, such as rent, technical and service maintenance, various types of subscriptions (i.e. regular services). The percentage of coverage in the new edition has been increased to 85%, and the minimum amount of assistance has been increased from 750 euros to 1500 euros. At the same time, the requirement for the maximum number of hired employees was abolished.

Entrepreneurs registered between January 01 and June 30, 2020 will also be able to take advantage of support through the TVL system. In addition, there are plans to introduce an additional scheme for this category in the form of loans of up to €35 – the exact details and requirements of which are currently under development and are scheduled to launch in May 000.

All persons registered as EMZ in 2021 will be automatically recognized as complying with the requirement of the hourly administration, regardless of the actual fulfillment of it. In such a situation, at the end of 2021, these entrepreneurs will have the opportunity to apply special tax deductions even if they have not worked the necessary 1225 hours for their entrepreneurship.

We remind you once again that the validity period of tax payment deferrals has been extended until July 01, 2021, and it is planned that they will be applied automatically for entrepreneurs who sent a request earlier. The start of payments was also postponed until October 01, 2021 - from this date, entrepreneurs will be given 36 months to pay off tax debts.

At the same time, the period of validity of anti-crisis measures, which have shown their effectiveness, is being extended, such as:

1. THIS (Ttemporary Overbugging voor Zelfstandigen) - payments to individual entrepreneurs left without a source of income;
2. NOW (Noodmaatregel Overbrugging Werkgelegenheid) - compensation of employers' expenses for hired personnel and social security contributions.

If you have any questions related to these types of assistance, or you doubt whether you are entitled to it, please contact us! We will tell you more, give advice, advise!