Today during the press conference, more information was made available regarding the application procedure for the emergency support measures announced by Government (ALIVIO 2).
To be able to apply for the support measures at www.fondodisosten.org we understand that the following information should be presented for the application procedure for one of the emergency packages, i.e. the NOW Emergency Support Package (in Dutch: ‘NOW’ – Noodregeling overbrugging Werkgelegenheid), thus the ‘Emergency package to maintain employment’:
1. Turnover Tax return for the period April 2019
2. Expected revenue for the month of April 2020
3. A copy of the ZV/OV declaration for the month of February 2020
4. List of employee and sedula numbers on 28 February 2020
5. Totalwages (loonsom) OV derived from ZV/OV return for the month of February 2020
NOW Emergency Support Measures (compensation between 20%-80% of the salaries paid) are available taking the following conditions into account:
- Loss of turnover (revenue) of at least 25%;
- Company should maintain all employees;
- Company should pay all the employees.
The precise conditions and required documents might still develop further, and should become available thru the mentioned website.
Applications can be submitted during the period April 18, 2020 up to and including April 22, 2020. The website will only be available as of this Saturday, April 18, 2020 and registration is only possible until April 22, 2020.
It was indicated that at the end of April 2020 (27th) payments will be distributed, after evaluation.
For more information about this and the other emergency packages, please visit the website www.fondodisosten.org as of April 18, 2020.
Please note that this information is based on the information provide during the press conference of today April 17, 2020. As soon as we have more information, we will share this with you.
If you have any questions or need assistance with the tax measures or your financial position, please do not hesitate to contact us.
This publication has been carefully prepared, but it has been written in general terms and should be seen as broad guidance only.
The publication cannot be relied upon to cover specific situations and you should not act, or refrain from acting, upon the information contained therein without obtaining specific professional advice. Please contact BDO B.V. to discuss these matters in the context of your particular circumstances. BDO B.V., its partners, employees and agents do not accept or assume any liability or duty of care for any loss arising from any action taken or not taken by anyone in reliance on the information in this publication or for any decision based on it.