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The Cabinet of Ministers agreed to increase the amount of the so-called second business support package from 70 to 120 million. euros.
50 million are needed. € 1 million from the first aid package, which has been in place for some time and will now be reduced to € 100 million. euros.
“We are forced to continue the quarantine and particularly affected sectors have emerged, which we are unfortunately still unable to open, although of course we really want to and will really strive,” Economy and Innovation Minister Aušrinė Armonaitė said at the government meeting.
Photo by Julius Kalinskas / 15min / Dawn Armonaitė
The support plan is being revised, among other things, when companies are slow to use the first package. It has been possible to request aid for two months, but requests for aid have been submitted for 54 million. and just over 30 million euros to be disbursed. euros.
In the first package, subsidies are paid to companies whose turnover was reduced by 30% during the pandemic. or more.
The second package will be for those facing 50 percent. autumn. The government decided on Wednesday to lower the 60 percent threshold.
When adjusting the second package, the government also took into account the request of some businessmen to increase the support ceiling. They will not reach 100,000 as planned, but 350,000. euros.
The amount of the benefit can be calculated at the discretion of the company in three ways.
In the first place, the subsidy will be available depending on the drop in billing and the Personal Income Tax (IRPF) paid for 2019. For example, if the billing falls by 62%, the subsidy will reach 62% . GPM paid.
Second, the subsidy could cover up to 70%. uncovered business costs, such as rent. However, to receive such a grant, an in-house audit will be required, which may be done after the support has been received.
Third, companies will be able to request fixed costs without an audit, but the payment amount will not exceed 40 thousand. euros. It will also be possible to cover a maximum of 70%. fixed costs.
Arno Strumila / 15min photo / Beauty salons before quarantine
The minimum amount of the grant for the company will be 500 EUR.
Economy Minister Aušrinė Armonaitė said that the launch of the second package is related to the readiness of the State Tax Inspectorate to accept applications from companies.
“We are informed that the system will be ready on April 14,” said A.Armonaitė.
He said he was also talking to the heads of the institutions about the additional resources that would be needed to get business support up and running more quickly.
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