Contracts an coronavirus

Without a shadow of a doubt the UK Government have stepped up to the plate on this one and should be applauded.

LeckyLes 

I’ll applaud when it actually happens, words are easy!

Hope to hear you loud and clear Rob,

LeckyLes 

Employed:
ERTE is claimed by the employer for the employee. A the moment the employer pays the first 2 weeks wages and full months Social Security.
2 weeks Social Security will be refunded/credited to the employer at a later date. The employer then after 30 days makes a claim under ERTE.
The claim is prepared through a specialist employment lawyer at  cost of 450€. The employee should provide their bank details as part of the claim.

Claims will not be submitted until the start of May. An employee should expect 70% of their monthly salary near the end of May.

Autónomo - Self Employed:
If you are autónomo and can demonstrate that your monthly income has reduced by more than 75% based on an average of the last 6 months.
You can make a request for Paro and Unemployment benefits. You won´t qualify straight away. This requires 1 month of lowered income.
The state of alarm has been extended until April. This means that you can apply for a Muta at the beginning of May.

You need to check with your gestoria/accountant for the benefit you will receive. I think at the moment you receive 70% benefits (650€) and continue to make your Social Security payment. The amount may have been updated to 950€ + Social Security. It´s under review. You will remain autónomo during the state of alarm.

At the end of this month/tax quarter you must pay your Social Security and 1st quarter tax. April Social Security payment is suspended and you should receive a credit/refund for 2 weeks of March.

The alternative is to cease trading and become unemployed. No guidance has yet been issued as to whether this is a good idea.

Check with your employer, accountant for current updates. The regulations have been amended several times.

Not for self employed yet though!

Supposed to be announced today, Thursday.

LeckyLes