AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |
Back to Blog
Corona virus stimulus11/25/2023 ![]() Applicants will not be subjected to a means test or a partner income test. Under this scheme, their income will be topped up to the amount of the social minimum wage. Self-employed persons will have recourse to an expedited procedure allowing them to apply for additional income support, which will help them pay their costs of living for a three-month period. The scheme will be executed by municipal governments. ![]() The government will implement a temporary scheme with relaxed rules to support independent contractors (including self-employed persons) and allow them to continue their operations. Additional support for independent contractors (Ministry of Social Affairs and Employment and municipalities) Companies are welcome to apply for an allowance for any drop in turnover they may have experienced since 1 March. ![]() Applications previously submitted but not yet processed will be processed in accordance with the new scheme. As of today, the Ministry of Social Affairs and Employment will no longer accept applications for the latter. This Temporary Emergency Measure for the Preservation of Jobs (NOW) will enter into effect as soon as possible and will supersede the current Regulation for Reduction in Working Hours (regeling werktijdverkorting). In order to be eligible, companies must not dismiss any employees from their jobs for economic reasons during the period covered by the allowance. This will allow companies to keep paying their employees' salaries. The Employee Insurance Agency will provide the company with an advance amounting to 80 per cent of the requested allowance. The implementation of a temporary scheme allowing companies to apply for help in paying their labour costs (Ministry of Social Affairs and Employment)Īny company that expects to lose at least 20 per cent of its revenue may apply with the Employee Insurance Agency for an allowance that will enable it to pay its employees' wages for three months (up to a maximum of 90 per cent of the company's wage bill, depending on the loss of turnover). The following measures will be implemented: 1. We can afford to do so because our debt level was reduced in better days. The government is choosing to allow the national debt to increase. Thanks to sound government finances and budget agreements, the government will not immediately have to start cutting costs in response to this package. The government is closely monitoring the situation and is discussing this on an ongoing basis with employers' organisations, social partners and banks. Moreover, the government will provide easier access to allowances and relax the conditions to be met, thus allowing employees and self-employed people alike to keep their jobs where possible. They will not have to face this alone, as this new plan will provide them with a higher level of support. However, it is clear that these measures will have a significant impact on businesses, ranging from self-employed people to major companies, in all industries. The members of government issued a joint statement to the effect that, "First and foremost, it is vital that all Dutch citizens comply with the health-related decrees and recommendations issued at all times. The measures form a supplement to the economic measures already implemented by the government on Thursday, 12 March. The Ministers and State Secretaries of Finance and of Economic Affairs and Climate Policy and the Minister of Social Affairs and Employment announced the package of measures to the Dutch House of Representatives on Tuesday. The measures will ensure that companies are able to pay their employees' wages, grant a bridging arrangement for self-employed people and allow companies to hang on to their money through relaxed tax provisions, allowances and supplemental lines of credit. Under the newly announced measures, billions of euros will be invested into the economy every month, for as long as necessary. The measures are designed not only to protect our health, but also to protect people's jobs and livelihoods and to minimise the impact on self-employed people, small and medium-sized enterprises and major companies. Due to the coronavirus outbreak, the Dutch government has decided to implement a series of unprecedented economic measures.
0 Comments
Read More
Leave a Reply. |