20.01.2021

They pay the money to closed businesses next week

More than 6,000 traders have sought working capital support so far through the National Revenue Agency.

Under this scheme, traders affected by anti-epidemic measures imposed by 4 orders of the Minister of Health can receive 20%, respectively. 10% of its turnover for the respective periods of 2019 or 2020.

The application deadline is 4.30 pm today, January 20.

The grant will be awarded within 7 days of the approval of the project proposal. The payment of the sums will start next week, and the revenue agency is expected to pay over BGN 30 million to the companies' accounts by January 28.

The expected approval from the European Commission was received late last night, which opens the possibility for business support, added the NRA.

So far, more than 80% of the project proposals have passed automated software testing, and more than 3,200 companies have received preliminary approval for financial assistance for over BGN 36 million.

For the other persons, who have submitted an application for financial support, additional checks are already carried out by the revenue inspectors in the National Revenue Agency on the declared data for establishing their eligibility and compliance with the application conditions. The total amount of the requested support is BGN 89 million.

Among the applicants there are those who do not meet the requirements, as the most common violations are declaring turnover for a period of 2 months, which is greater than the VAT declarations indicated in the reports, as well as requesting financing of sites and companies, which are not directly affected by the orders of the Minister of Health.

Additional information about the conditions for application and the mechanisms for granting the aid can be obtained in the special section on the website of the NRA - https://nap.bg/page?id=799 or on the phone of the information center of the NRA 0700 18 700.