Friday, January 07, 2022
Bridging aid IV
New Corona help available for companies
Due to the Omikron variant and the associated restrictions, many companies are faced with another endurance test. The new “Bridging Aid IV” can therefore be applied for with immediate effect. The prerequisite for this is initially a drop in sales of at least 30 percent.
With immediate effect, companies can receive the new Bridging Aid IV to compensate for the burdens caused by the Corona crisis. On the internet platform www.ueberbrueckungshilfe-unternehmen.de, tax consultants can now submit applications for the funding period January to March 2022 until the end of April, as announced by the Federal Ministry of Economics in Berlin. According to the ministry, the funding conditions have hardly changed compared to last year.
Federal Minister of Economics Robert Habeck said the first installments would be paid out in the next few weeks. “The rapid expansion of the Omikron variant is again imposing restrictions on all of us.” These are necessary to protect health and to keep hospitals from becoming overloaded. ”
At the same time, however, these restrictions also mean another endurance test for many companies and their employees, and this after they have already had a pandemic for almost two years – a time full of uncertainty, restrictions and worries, a time that consumed many. “With the Bridging Aid IV, they want to give companies a helping hand very quickly in order to cushion at least some hardships. “We know that it is time-consuming and expensive for many companies to implement 2G rules or other corona access restrictions,” said Habeck.
Monthly advance payments of up to 100,000 euros
Bridging aid IV should not only include material costs, but also personnel costs that arise when the corona-related access rules are implemented. According to the information, the approval offices of the federal states are responsible for processing, and they could approve down payments of up to 100,000 euros per funding month. Advance payments are advance payments that are later compared with the actual economic damage.
As before, companies with a corona-related drop in sales of at least 30 percent are eligible to apply; fixed costs can be reimbursed up to 90 percent. In addition, they can receive additional supplements in the event of a particularly sharp decline in sales or if they are particularly affected, such as the showmen and traders at Christmas markets or fireworks manufacturers. Even companies that close because the access rules make operations uneconomical can receive bridging aid.