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Mr. A recently heard from his friend Mr. B that he received a text message saying that he had received a letter saying he was eligible for a new hope fund for small business owners. Mr. B said that he himself was operating the factory and that he recently converted it into a lease and is receiving rent. Mr. A said, “I know B’s assets are around 2 ~ 3 billion won,” he said. “Unlike the purpose of helping those in need, I was suspicious if they were receiving support when needed.” The government decided to provide a desired new fund of up to 2 million won to small business owners whose sales declined due to coronavirus infection with the funds prepared through the fourth supplemental administration. However, as soon as the payment begins, the voices express concern about the goal and method of support and equity.
According to the Ministry of Strategy and Finance on the 28th, the target of the desired new fund support is small business owners whose annual sales in 2019 were less than 400 million won in 2019, and their average monthly sales in the first half of 2020 declined from the monthly average in 2019. According to the Social Distancing policy of the Security and Disaster Countermeasures Headquarters, ‘specially damaged companies’ that have been banned or restricted can be supported regardless of their annual sales volume or decrease in sales.
The problem is, there is no asset requirement in the requirements to be supported. That is why people like B, who are worthy of eating and living, also receive grants. It is noted that it is also a problem to pay grants collectively regardless of company size and net profit. On the 28th, in an internet café where the freelancers met, a freelancer who did not receive support for the new desired fund published an article that said: “The amount of sales and the breakeven point are different from a person’s workplace and from the workplace of two people. “You don’t make a profit, but I don’t understand that I can’t make it because (sales) increased 270,000 won.” In this post, “It would be possible to make mechanical differential payments based on VAT or on the income report, but it’s a silly way to pay them evenly. What do you do with so many public servants … There was also a comment that said “”.
Initially, the government planned not to pay subsidies for entertainment bars and collatechs, but after the backlash continued, it decided to pay subsidies to them. Yet the marginalized self-employed complain. One freelancer said, “The opening date was June 1, so (the new desired fund was not paid),” he said.
It is noted that it is also a problem to use a universal public certificate when paying for new desired funds. That day, a representative of a small and medium-sized business said in this magazine: “To apply for a new desired fund, you must use a public certificate, but it is not possible to use a certificate for bank and tax invoices. “Small businesses don’t accept it because they have to pay for it.” He added, “It’s ridiculous to pay 100,000 won to get a million won of support.”
Meanwhile, the government will pay a total of 1.89 trillion won in support funds applied by 1.76 million (73%) of the 2.43 million recipients of the new desired fund by the 28th. Even during the holidays Chuseok, you can apply for and receive support online, but you must apply by the morning of the 29th to receive the support fund before Chuseok. Applications received during the holiday season will be paid on the 5th of the following month immediately after the holiday.
