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Vice Premier Hong Nam-ki and the Minister of Strategy and Finance (third from left) are announcing damage support measures in response to the spread of Corona 19 at the Seoul Government Complex on the 29th. From left to right : First Deputy Minister of Health and Welfare Yang Sung-il, Minister of Small and Medium Enterprises Park Young-sun, Deputy Prime Minister Hong, Minister of Employment and Labor Lee Jae-gap, and Chairman of the Services Commission Financiers Eun Sung-soo. Reporter Shin Kyung-hoon [email protected]
The government has decided to award 5 trillion won in the third disaster support fund to small businesses and the self-employed who have been damaged by the new coronavirus infection (Corona 19). Depending on the type of business, they receive a maximum of 3 million won. Cash payments begin on the 11th of the next month.
Subsidies change according to distance
The government decided to pay 410 billion won in cash, including rental support, to small business owners. It targets 2.8 million businesses that are banned and restricted in quarantine guidelines and small businesses with annual sales of less than 400 million won this year, whose sales are down from last year.
Businesses that are prohibited from collecting pay 3 million won. In the case of areas where 2.5 steps of social distancing are applied, such as Seoul, 5 kinds of entertainment establishments such as entertainment pub, danran pub, thrill pub, hunting and collage tea, and academy, indoor sports facility, entertainment area singing practice, direct sales promotion room, stand up show area, ski resort, sledding area This includes 11 industries. In the second stage area, only five types of entertainment establishments are eligible. Convenience stores that have entered the ski resort are not banned by business category, but they decided to pay 3 million won in consideration of specificity.
For the restricted group business that receives 2 million won, in the case of the distance second stage, restaurants and cafes, indoor sports facilities, singing practice centers, direct sales promotion halls, stand-up performance halls, etc., in stage 2.5, aesthetics and beauty businesses, PC cafes, recreation rooms and multipurpose rooms, study. This includes cafes, cinemas, amusement parks, hypermarkets, department stores, and lodging businesses. Other ordinary small business owners only receive 1 million won.
Special employment (special high school) workers and the self-employed will receive emergency job security support. In the 1st and 2nd rounds, 650,000 recipients receive 500,000 won and about 50,000 new applicants receive 1 million won. 500,000 won are also awarded to visiting and care workers, such as nursing workers and corporate taxi drivers.
Payment from the 11th without presenting documentation
Those who previously received the desired new fund or emergency job security support fund plan must apply through a simple application process without submitting additional documents. The Small Business Owner Support Fund uses public data such as the National Tax Service and the Health Insurance Service to select as many recipients as possible. The government’s plan is to receive applications from the 11th of next month and complete payments in January of next year. The emergency job security allowance will apply starting January 6 for older beneficiaries only. The goal is to complete the payment by the 15th. The corporate taxi, which received the subsidies in the second round, is expected to determine applicants by the end of January.
In the case of a new application, the support fund will be received after February. The support fund is scheduled to apply after selecting new targets based on the VAT report data on January 25. The job security allowance is accepted in February. In this case, you must directly credit your income reduction. According to the Ministry of Employment and Labor, if income in December of this year or January of next year decreases by more than 25% of the average annual income of last year or in a specific month (last December, January, October and November of this year), it will pay 1 million won. Subsidies for care workers are also expected to be paid after February next year.
Conservation of losses in medical institutions
On this day, the government announced various support measures along with monetary aid measures. It was decided to postpone the payment of electricity and gas bills by small business owners for three months and to postpone the payment of various social security premiums for three months, or to extend the payment exceptions. It has also raised a 100 billion won grant to help restart 170,000 small businesses that have closed.
He also announced a plan to pay 900 billion won in job maintenance subsidies, which are supported if companies keep workers employed. In order to ease the burden of caring for parents, he has also proposed a plan to provide indirect labor costs to business owners doing flexible work such as home work. In the first quarter of next year, it was decided to invest 800 billion won in emergency quarantine activities. The budget will be used to expand the public health system and compensate for losses in medical institutions.
Reporter Kang Jin-kyu [email protected]
