Companies may pay VAT and Social Security in up to six interest-free installments. Revenues from restoration and commerce will be supported – O Jornal Economico



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Companies will be able to pay the quarterly VAT for November in three or six installments without interest, the government announced today.

Social Security contributions for the months of November and December can also be paid in three or six installments without interest.

Quarterly VAT can also be paid until November 30, the prime minister said on Saturday, postponing the deadline by five days from the previous date of November 25.

In the briefing after the council of ministers this Saturday, António Costa also pointed out the possibility that companies affected by the restrictions have access to Support for Progressive Resumption.

António Costa also announced that the restoration support measures already planned will be maintained due to the new restrictions.

Measures to support commercial income will also be announced next week to guarantee additional support to all sectors, particularly catering and commerce, which are being “heavily affected by this crisis.”

The minister also pointed to the Apoiar.pt program, already approved, to support companies for an amount of 1,550 million, 750 million euros in non-reimbursable funds, plus 160 million euros in non-reimbursable funds for the conversion of credit lines.



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