01.03.2021

Working capital support through the NRA continues

The working capital support of the businesses affected by the anti-epidemic measures will continue this week as well, the National Revenue Agency announced.

The Consultancy Center – Berkovitsa remind that the measure enables the Revenue Agency to support the companies affected by the orders of the Minister of Health. They are paid 10 or 20 percent of the turnover for the previous period, after which the NRA will take these funds under an operational program.

The measure continues because, according to the latest orders of the Minister of Health, restaurants remained closed in February, and until the end of March, bars and nightclubs remained, and the ban on organized excursions was maintained.

Meanwhile, the National Assembly adopted a change that allows businesses established in 2020 to be supported for the entire period of suspension, and not just for 1 month, as it was before.

This week, all those who have so far applied for the program and have been approved as eligible will receive a notification from the NRA through the UMIS system. In the announcement they will receive an invitation to replenish their turnover for the months in which they did not carry out activity due to the anti-epidemic measures introduced by an order of the Minister of Health. In order for the requested support to be granted quickly, the NRA appealed for a response within 7 days. Payments will be made upon receipt of notification by the European Commission.

The NRA has published a list of another 476 companies that receive working capital. The total amount granted is BGN 6,127,508, and a quick glance reveals that a large part of the list are restaurateurs, restaurant owners and companies in the tourism industry.