Finance

Transferred 286 million euros in wage support in one week

The companies whose applications have already been granted together employ about 180,000 people, the UWV reported yesterday.

The counter to apply for support opened on Monday. To be eligible for the aid, entrepreneurs must have at least a 20 percent loss of turnover. The seventh NOW period this time covers not three, but two months.

New round

A maximum of 85 percent of the wage costs will be reimbursed, the rest must be paid by the employers themselves.

A new feature of the new support round is that companies that started after 1 February 2020 are also eligible for wage support. In order to calculate the loss of turnover, they must have had full turnover for at least one month for the last NOW period. Employers can apply for support until January 31.

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