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“If you stop doing business, you have to stop renting.” Governing party initiates bill
Democratic internal review … “The possibility of infringement of property rights is high”
Instead of lowering the rent, you are “paying the tenants cash”
He also reviewed plans to expand the tax credit for ‘good homeowners’
[앵커]
For the self-employed and small business owners suffering from Corona 19’s reproliferation, the ruling ruling party is scrambling to prepare supportive measures. Instead of reducing the rent, consideration is being given to paying cash and extending tax credits to landlords who reduce rent. This is reporter Lee Kyung-guk. ‘If business stops, rent must stop too’ As the prolonged social hiatus increased the damage to small business owners and freelancers, the ruling party proposed a “mental suspension method.” Rentals are fully exempt for businesses that have been prohibited from collecting, If the set limit was lowered, the content would be cut in half. However, after an internal review, the Democratic Party determined that the possibility of infringement of property rights was high. In the end, instead of institutionalizing the rent cuts, it was decided to pay cash directly to the tenants. However, the name of the support fund is unlikely to be limited to “rental fees.” This is due to the fact that there are places that have already reduced their rents and some places have been closed, so it is judged that an effective loss compensation is necessary. For key Democrats, if the purpose of the application is limited to rent, the proof of use and method of payment get complicated. In fact, he explained that he was considering supporting the landlord, not the tenant. The government and the ruling party plan to fix the amount of the subsidies and pay them starting in January next year. The specific size and payment standards are expected to be decided sooner or later in consultation with the party. To provide additional subsidies, we plan to use the 3 trillion won budget, as well as the remaining purpose reserve if needed. The movement to induce voluntary rent cuts is also expected to continue. A plan is being considered to increase the tax credit rate for “good landlords”, who reduce rents above the current 50%. Popular Force representative Gyeong-ho Chu also proposed a bill that would allow them to receive a 100% tax credit as well as the rent cut. Given that political movements to reduce harm are in full swing, it seems important to know when support will be provided in practice. YTN Lee Kyung-guk[[email protected]]is.
