Netherlands: Living and capital allowance for the self-employed

Submitted by mmarquez on Mon, 03/23/2020 - 17:07
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meijburg.com (18.03.2020) The government will shortly introduce a three-month provision for self-employed persons with financial problems. The additional support, which will be implemented by municipalities, can be applied for in the form of an additional allowance for living expenses and/or operating capital. Depending on the income and the composition of the household, the living expenses allowance will top up the income to a maximum of the guaranteed minimum income and does not have to be repaid. To avoid delays in the payment of the allowance, the income of a partner or the assets of the self-employed person will not be taken into account. Support for operating capital will take place in the form of a loan at a reduced interest rate according to the Social Assistance (Self-Employed Persons) Decree (Besluit bijstandverlening zelfstandigen; Bbz)

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