The catering division in the Chamber of Commerce is satisfied with the revenue replacement, as it has also been poured into guidelines since Friday 10 a.m. Landlords who offer delivery and pick-up services also receive 80 percent revenue compensation. Even those who have employees on short-time work. Likewise, accommodation providers that are open for the accommodation of business travelers. Current income from delivery and delivery services is not offset, but certain coronavirus aids are. State subsidies, payments from the NPO fund or 100 percent guaranteed loans are deducted from the funding amount. Payments from the fixed cost subsidy – phase 1 are not offset.
As an example: If a company had a turnover of 100,000 euros in November 2019, the company would be entitled to 80,000 euros in replacement. For example, if the company has taken out a defective loan of 50,000 euros, this amount is deducted from the maximum amount of 800,000 euros. This means that there would then only be 750,000 euros of possible revenue replacement available. That would work out for all small and medium-sized enterprises, according to the Chamber of Commerce.
Job guarantee otherwise no money
Companies that are in insolvency proceedings are excluded from sales compensation, while those in restructuring proceedings are entitled to claim. In November there must be a job guarantee for the employees, otherwise there is no money. Mixed companies also receive the sales compensation, but only from the portion that had to be closed.
Those innkeepers and accommodation providers who only founded their business in December of the previous year or this year until the end of October receive an aliquot from this year’s advance VAT returns. But at least 2300 euros
Money in two to three weeks
As of today, you can apply for the revenue replacement via Finanzonline by mid-December at the latest. According to the federal government, those who apply quickly should receive the money in 14 days or three weeks. The tax data from November of the previous year, which the tax authorities already have, serve as the basis.
For those companies that are not directly affected by the catering closures, but are suppliers and also have massive sales declines, the fixed cost subsidy-2 should be available in November, said Carinthia’s Chamber of Commerce President Jürgen Mandl in a broadcast.
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