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01 April 2020 / news

Q&A Temporary Aid Scheme to Maintain Employment

On 31 March 2020 the temporary aid scheme to compensate wage costs in connection with the Corona virus was announced (Temporary Aid Scheme to Maintain Employment, in Dutch: Tijdelijke noodmaatregel overbrugging voor behoud van werkgelegenheid).

What is the purpose of the NOW?

The purpose of the NOW is to prevent unemployment resulting from a sudden drop in turnover caused by extraordinary circumstances that cannot be considered to be a normal entrepreneurial risk (e.g. the Corona virus), to the extent that the turnover drops with at least 20%.

Read here our Q&A, in which the most important aspects of this arrangement are discussed.

Download the pdf-version here

On 1 May 2020, the Minister announced a number of changes to the NOW scheme. These changes entered into force on 5 May 2020. We would like to refer you to this document in which the new Article 6a NOW is explained and a number of key concepts are discussed in more detail.



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