Corona threatens existence: How the state helps small businesses

              Regardless of how bad the corona virus is still raging, it is already clear that the protective measures taken will have serious economic effects. Whereby it will be particularly bad for the small self-employed. But they should also be helped out of trouble.
              For small businesses and solo self-employed it is currently extremely thick. For fear of being infected with the corona virus, customers either stay away, orders are canceled or the store must remain closed. Depending on how the money is earned. To prevent the worst, the federal government now wants to provide 40 billion euros. Ten billion euros of this is to be given as direct grants to distressed one-man businesses and micro-enterprises, the rest of 30 billion euros as loans, as reports. Specifically, grants of 9,000 to 10,000 euros are being discussed for companies with up to five employees and up to 15,000 euros for companies with up to ten employees. The grants are to be paid for a maximum of three months. Aid will be decided in the cabinet next Monday. It should only be checked afterwards whether the financial support was actually necessary. If it then turns out that the aid has been used without authorization, the subsidies should subsequently be converted into loans. How and where exactly the aid can be applied for is currently not known. In addition, the employer can already apply for short-time work for his employees. The Bundestag introduced a new law at short notice. With retroactive effect from March 1st, companies can now use short-time work benefits if only ten percent of the employees are affected by the loss of work. So far this had to be a third of the employees. Provided that unemployment insurance contributions are paid for them, but the tax office also helps. Small companies and the self-employed who have fallen into trouble because of the corona virus can, on request, reduce advance payments, pay taxes due in installments or have them paid for without interest. So far, there is no basic right to compensation for the self-employed, small businesses or freelancers. Unless they are quarantined. Then they receive loss of earnings according to the law for the prevention and control of infectious diseases. And that from the authority that ordered the quarantine. The compensation is based on the last annual income reported to the tax office. In the event of a threat to their existence, the self-employed, whose business or practice must be idle for the duration of the quarantine, can, in addition to the compensation upon request, also receive a reasonable replacement for the uncovered operating expenses that continue during this time.

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