Specifically, it is about the December sales replacement and the loss replacement up to 3 million euros.
Icon image
From tomorrow, Wednesday, further corona aid for companies can be applied for. It's about the so-called loss compensation with an amount of up to 3 million euros and the up to 50 percent high December sales compensation. The revenue replacement is available for those industries that are still affected by the lockdown, such as the catering and hotel industries. Both supports are to be applied for via FinanzOnline and are determined on the basis of tax data, the Ministry of Finance and Tourism announced on Tuesday.
In the case of loss compensation, losses that occur between September 16, 2020 and June 30, 2021 can either be forecast in advance or replaced after the fact. Large and medium-sized companies receive up to 70 percent of their loss. Small and very small companies (up to 49 employees) can earn up to 90 percent of their losses from the comparison period.
In this case, however, the application must be submitted via a tax advisor. Small companies can credit up to 1,000 euros in loss-increasing. The loss is forecast. The final billing takes place as soon as sufficient data is available. No sales compensation can be obtained for the same period. A change from the fixed cost subsidy is possible once so that companies can choose the best option for themselves.
In the case of sales replacement for businesses affected by the extended closure in December 2020, half of their sales from the previous month will be replaced. A tax advisor is not required for the application.
With the finalized instruments of the December sales compensation and the loss compensation with a volume of up to 3 million euros, we have created a seamless system of effective aid, both of which can be requested from tomorrow, “said Finance Minister Gernot Blümel (ÖVP).” For the Gastronomy and the hotel industry are vital as a replacement for sales and losses, “said Tourism Minister Elisabeth Köstinger (ÖVP).
The loss replacement is a fixed cost-dependent support and was previously referred to as the new fixed cost replacement or subsidy, but this was misleading. Fixed cost subsidies 1 and 2 with an amount of up to 800,000 euros for the periods from mid-March to mid-September (fixed cost subsidy 1) and from mid-September to June 2021 (fixed cost subsidy 2) remain in place.
“We help both the officially closed companies and those who are struggling with major losses in sales due to the current situation,” said Köstinger and Blümel. “As the crisis continues, many companies will come up against the upper limit of EUR 800,000 under state aid law. In this respect, too, compensation for losses is an important measure that secures jobs.”
