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The government is generous with the revenue replacement it announced last week for the second shutdown in November. This has a corresponding price: the measure will cost up to two billion euros, Finance Minister Gernot Blmel said yesterday in a joint press conference with Vice Chancellor Werner Kogler, Tourism Minister Elisabeth Kstinger and Secretary of State of Culture, Andrea Mayer.
During the period of the orderly closure, the affected companies will be reimbursed 80 percent of their sales. This is calculated automatically based on tax data. Applications can be submitted online from yesterday until December 15 at Finanz. “The fixed cost subsidy does not have to be offset,” Blmel emphasized. Short-time work will not be discounted either. The sales that the innkeepers make with the pick-up or delivery service in November don’t have to be offset, Kstinger said.
In the app, Covid’s other measures would have to be specified, he said yesterday in a broadcast from Steyr-based “Schwarz Kallinger Zwettler Steuerberatung GmbH”. “Unfortunately, this also includes loans and grants from federal states, municipalities, and regional economic and tourism funds 100 percent guaranteed by AWS and HD,” he says. Because they will be offset by sales compensation. Companies receive a maximum of 800,000 euros. That is the upper limit allowed by the EU. Cultural establishments, regardless of their legal form, including cultural associations, can also request turnover replacement.
“No transfer”
The government accepts that, given the generosity of these measures, they could lead to “overfunding”. According to Blmel, it is important that companies now have liquidity quickly. After all, there is a ban on dismissal and the Christmas bonus for employees must be paid.
Vice Chancellor Kogler does not see this danger either, especially when considering measures beyond the four-week period. “I don’t think anybody gets rich there.” (hn)
