The coronavirus business assistance package is valid only until October 2021, XNUMX

The government no longer intends to renew the overall crown-related business support package. But a number of bonuses will still remain in force. Everything in order.

What will expire on October 1, 2021?

1. NOW (Noodmaatregel Overbrugging Werkgelegenheid) - compensation for employers' costs of hired personnel and social security contributions.
2. TVL (Tegemoetkoming Vaste Lasten - compensation for fixed costs of entrepreneurs, such as rent, maintenance and service.
3. TOZO (Tijdelijke Overbrugging voor Zelfstandigen) - payments to individual entrepreneurs left without a source of income.

We wrote in more detail about business support measures here и here.

The government still leaves a loophole - it is possible that another extension will be made for companies that are still suffering from the effects of the coronavirus crisis. But this is still under discussion.

From October 1, 2021, entrepreneurs are again obliged to timely pay current tax liabilities

If you have accumulated tax debt due to the coronavirus, then you will have to pay it off. To do this, you are given a whole 60 months. This means that the accumulated debt must be fully repaid no later than October 1, 2027. This maturity period applies to all debts of entrepreneurs, even if no renewal request was submitted.

Tax arrears percentage

The percentage of late tax payments, which until the end of 2021 is 0,01%, from January 1, 2022 will be 1 percent. From July 1, 2022, the rent will increase to 2%. From January 1, 2023, it will be 3 percent. And from January 1, 2024, the regular rate of 4% will apply.

What support measures will still be in place?

Until the end of 2021, there will be a provision under which the reimbursement of funds for the road (reisekostenvergoeding) is tax-free. This condition applies even if your employees are sitting at home because of the crown.

Also, by the end of 2021, homeowners who, due to problems caused by the coronavirus, have received a deferred payment, will be able to exercise their right to receive a mortgage repayment.