Dutch relief measures to save jobs in response to the coronavirus (COVID-19)
30 April 2020
On 31 March 2020 the Dutch government provided further insight in the rules of the earlier announced Emergency Fund Bridging Employment, by making public the NOW (Noodmaatregel Overbrugging voor behoud van Werkgelegenheid). On 3 April some amendments were made to the NOW. On 22 April further amendments were announced, which are expected to be published in the beginning of May and which will be touched on in this article. By these last amendments the scope of the NOW will be extended to include certain Dutch operating companies forming part of a group, which currently are not eligible for financial aid under the NOW. The NOW provides financial aid to companies suffering at least a 20% turnover loss during a chosen period of three months (March-May, April-June or May-July) in the form of a substantial contribution towards the wage costs during the months March, April and May. Applications for advance payments can be made with the Employee Insurance Agency (UWV). Companies can make requests under the NOW from 6 April 2020. Applications can be made at the latest on 31 May 2020. The NOW replaces the Reduced Working Time scheme, which was withdrawn in March. Applications under the Reduced Working Time scheme which were submitted prior to the withdrawal will be converted into applications under the NOW. The government will decide by 31 May 2020 whether or not the NOW will be extended for a further three months (through August 2020) and, if so, in what form.
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