New aid stations 2021, compensation is for two months of support

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The confrontation over the bimonthly refreshments raised by the first drafts of the decree entitled “Sostegni” now scheduled for Friday in the Council of Ministers pushes the prices of an alternative calculation mechanism. Which looks at the losses suffered by VAT numbers in 2020 compared to 2019: but no, in fact, it broadens the horizon of coverage of state aid, which would be anchored to a period of two months. Let’s see why.

The tension in the government had increased in recent days after the first hypotheses that parameterized the new round of aid for the losses suffered by self-employed workers and micro-businesses in the first two months of 2021, compared to the same period in 2019. Such architecture would have shelved the issue , promised by all parties in parliamentary acts, of the mechanism of “equalization” to help those who had been penalized or ignored by the refreshments of the last year. The same effect would not occur with the alternative mechanism studied by the government: the calculation base would be represented by the average monthly loss suffered in 2020 compared to 2019. The result would be multiplied by two. And to this “double value” the aid would be parameterized (in the form of transfers or tax credits at the option of the interested party), divided into four bands and not the three outlined by the first drafts.

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An example helps untangle these parameters to understand their substantial effects. A trader (or a professional) who had a turnover of 240 thousand euros in 2019 stopped at 120 thousand euros in 2020. The average monthly loss is therefore 10 thousand euros (120 thousand divided by 12), and the Reference value, consequently, becomes 20 thousand euros (the monthly loss multiplied by two).

Compensation percentages divided into four bands would be applied to this value: 30% for those with a turnover of up to 100,000 euros in 2019, 25% for those who reached between 100,000 and 400,000 (as in the example), 20% up to one million and 15% up to 5 million. In the aforementioned case, therefore, the aid would be 5,000 euros.

The distribution would change, to follow the varied seasonal effects suffered in 2020 by the different economic activities, but the specific weight of individual aid would continue to be similar to that of the hypothesis anchored in the first two months of 2021. With the abandonment of the established borders Because of the Ateco codes, after all, the audience of recipients expands enormously, and includes, among other things, at least 800 thousand professionals excluded from the refreshments at the end of 2020, and with this increase costs. Now there are 10 billion for these interventions; and the rise of the new pandemic runs the risk of imposing a new search for deficits to finance a new round of support. Also because the look that turns towards 2020 would expose the closings of this year: an especially evident limit for winter tourism operators, to which 600 million would be destined to be distributed by the regions.