16.02.2021
3400 companies have received working capital support for BGN 38 million.
Over 3,400 traders have so far received support with working capital through the National Revenue Agency in the total amount of BGN 38.1 million.
Under this scheme, traders affected by anti-epidemic measures imposed by 4 orders of the Minister of Health receive 20% or 10% of their turnover for the respective periods of 2019 or 2020, reminded by the NRA.
So far, most of the supported businesses are restaurants and bars. However, a significant number of applicants (nearly 60%) have made inaccuracies in their project proposals. The most common deviations are in the period for which support is requested, as well as in the turnover indicated by the companies for the previous year, according to the NRA data. There are also candidates whose sites have never been closed by orders of the Minister of Health, as well as those who declare turnover for 2 months, which is greater than their total annual turnover for previous periods. Approximately 50% of the applications for support amounting to 10% of the turnover of closed sites in malls or shopping centers turn out to refer to sites that are not on the territory of malls or shopping centers, which is a mandatory requirement for support, show the observations of the revenue agency.
This week, the NRA management has tripled the number of revenue agency experts working on the program to further speed up communication with applicants. Inaccuracies are clarified in this communication and the candidates correct the submitted data. Another change that accelerates the granting of aid is the shortening of the 7-day period after a response from the applicant to 1 day, added the NRA.
"Three times more experts are engaged in the NRA to quickly provide financial assistance. But there are a number of cases of inaccuracies. Instead of refusing the requested financial assistance, in such cases we encourage the necessary corrections by individuals, because everyone in the NRA understands that in a pandemic business needs support," said the executive director of the Revenue Agency Galya Dimitrova.
