ROMA – The average compensation provided for by the “Refreshments” decree for companies directly or indirectly involved will be a minimum of 2,000 euros by selective lockdown. For some categories, such as nightclubs, which have been closed for months, the subsidy may reach 400 percent of that already obtained last June, for all other categories a minimum doubling is expected. Cost of the entire decree: 4 billion, all financed with the “advanced” resources of this year’s measures.
Lost fund, tax credit, new layoffs: government measures for companies stopped by the lockdown
26 October 2020-
Who will be entitled to compensation?
The number of sectors that enter into the recovery operation of losses due to the new block of activities also increases: in addition to companies that have a limited block (such as bars and restaurants) or complete (gyms, swimming pools, cinemas) or with prolonged blocking ( such as discos) will enjoy reimbursements, in the last hours, also sectors that have suffered indirect damage such as hotels, fairs, the events sector, ticket offices for shows, prop and lighting operators, the acting sector, betting lotteries. In line, but the question is still dancing, are the taxis and NCCs that complain.
Conte’s move: “The measures do not touch, but certain and rapid aid”
by Tommaso Ciriaco and Annalisa Cuzzocrea
26 October 2020-
What criteria to access?
In addition to being part of the categories directly or indirectly affected by the lockdown and mentioned by the Dpcm – we are talking about about 400 thousand subjects – it will be necessary to have had a loss in turnover of at least 33 percent between April this year and April of 2019. These subjects will be reimbursed 20 percent of the loss (with turnover below 400 thousand euros), 15 percent (under 1 million), 10 percent (under 5 million), 10 percent above the 5 million.
Double or triple compensation for those who are worse off
The criterion for reimbursement of losses will be doubled according to the severity of the closure: it starts from 100 percent for less affected categories, passing to partial or total closures, up to 400 percent for clubs that have been closed for months.
Government and business aid: who pays a second time
by Tito Boeri, Roberto Perotti
26 October 2020-
Veterans is a new entry
Those who have already received the reimbursement last June will not have to do anything, a transfer from the Revenue Agency will arrive by 11 November on the current account. For some “veterans” of the operation it will be the same, for others it will be double or triple. The new entries, that is, those who did not have the repayment in June, will still have to prove that they have had losses in April over April, but they will have to apply. Transfers scheduled for December 15th.
Discount on shop rents
For October and November (but December is also at stake) a new tax credit arrives for the categories invested by the selective lockdown. The tax credit of 60 percent will be valid for those who have lost turnover and will be able to benefit in the wake of what happens for the disbursement of the non-repayable fund even those with revenues exceeding 5 million. It will be possible for leased businesses to transfer the tax credit “on rent account” to the owner (total cost 260 million). The second IMU installment of December 16 for 114 million will also be canceled for companies.
Extended redundancy fund
The cost is 1.6 billion, it is a question of extending the Covid layoffs for another 6 weeks until the end of the year (it expires in mid-November). The rest of the extension until next spring will be included in the budget law.
Emergency and seasonal income Interventions also for the weakest sections of the population. A new emergency allowance will be issued for families under 15 thousand of Isee income (it will be worth, for example, 720 euros for a family of four). One-off grant of 600 euros also for seasonal shows, tourism and sports.
– .
Related posts:
Conte’s move: “The measures do not touch, but certain and rapid aid”
by Tommaso Ciriaco and Annalisa Cuzzocrea
26 October 2020-
What criteria to access?
In addition to being part of the categories directly or indirectly affected by the lockdown and mentioned by the Dpcm – we are talking about about 400 thousand subjects – it will be necessary to have had a loss in turnover of at least 33 percent between April this year and April of 2019. These subjects will be reimbursed 20 percent of the loss (with turnover below 400 thousand euros), 15 percent (under 1 million), 10 percent (under 5 million), 10 percent above the 5 million.
Double or triple compensation for those who are worse off
The criterion for reimbursement of losses will be doubled according to the severity of the closure: it starts from 100 percent for less affected categories, passing to partial or total closures, up to 400 percent for clubs that have been closed for months.
Government and business aid: who pays a second time
by Tito Boeri, Roberto Perotti
26 October 2020-
Veterans is a new entry
Those who have already received the reimbursement last June will not have to do anything, a transfer from the Revenue Agency will arrive by 11 November on the current account. For some “veterans” of the operation it will be the same, for others it will be double or triple. The new entries, that is, those who did not have the repayment in June, will still have to prove that they have had losses in April over April, but they will have to apply. Transfers scheduled for December 15th.
Discount on shop rents
For October and November (but December is also at stake) a new tax credit arrives for the categories invested by the selective lockdown. The tax credit of 60 percent will be valid for those who have lost turnover and will be able to benefit in the wake of what happens for the disbursement of the non-repayable fund even those with revenues exceeding 5 million. It will be possible for leased businesses to transfer the tax credit “on rent account” to the owner (total cost 260 million). The second IMU installment of December 16 for 114 million will also be canceled for companies.
Extended redundancy fund
The cost is 1.6 billion, it is a question of extending the Covid layoffs for another 6 weeks until the end of the year (it expires in mid-November). The rest of the extension until next spring will be included in the budget law.
Emergency and seasonal income Interventions also for the weakest sections of the population. A new emergency allowance will be issued for families under 15 thousand of Isee income (it will be worth, for example, 720 euros for a family of four). One-off grant of 600 euros also for seasonal shows, tourism and sports.
– .