Netherland: Additions to third support package corona | Temporary widening of TVL

Submitted by siha on Thu, 11/05/2020 - 19:42
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Rijksoverheid.nl (27.10.2020) The Fixed Expenses Allowance (TVL) is intended to help entrepreneurs pay their fixed costs, such as rent, while much less money is earned. Until now, the TVL was limited to a number of sectors, but the cabinet has decided to temporarily open the TVL to all sectors. Not only companies directly affected will notice the consequences of the government measures, but also suppliers, the transport sector and food horticulture. € 140 million has been reserved for the temporary extension of TVL. Companies can submit an application from mid-November.

measures summary

The Fixed Expenses Allowance (TVL) which is intended to help entrepreneurs to pay their fixed costs is temporarily opened to all sectors including suppliers, the transport sector and food horticulture.  Companies can submit an application from mid-November.

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Temporary widening of TVL

The Fixed Expenses Allowance (TVL) is intended to help entrepreneurs pay their fixed costs, such as rent, while much less money is earned. Until now, the TVL was limited to a number of sectors, but the cabinet has decided to temporarily open the TVL to all sectors. Not only companies directly affected will notice the consequences of the government measures, but also suppliers, the transport sector and food horticulture. € 140 million has been reserved for the temporary extension of TVL. Companies can submit an application from mid-November.