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Up-to-date info on financial assistance related to the occurrence of COVID-19
April 3, 2020 / SlovakiaIn this article, you will find a summary of important information and news about the development of government measures related to driving with Uber. We will keep the page up-to-date to ensure that relevant information is always available.
A. Fiscal benefits (taxes)
If you are a Fleet Partner or Self-employed driver you are entitled to:
- Postpone the payment of health and social insurance premiums on behalf of the employer if revenues fall by over 40%
- Postpone advance tax payments if revenues fall by over 40% to the 30th of June.
- Entrepreneurs may count in previously unused tax loss since 2014 (inclusive) in their 2019 income tax declaration (to be submitted by June 2020). More info here.
- Defer taxes to the 30th of June. More info here.
B. Loans/credits
If you are a Fleet Partner or Self-employed driver you are entitled to:
Based on the statement of the Ministry of Finance of Slovak Republic you may be entitled to postpone your loan/mortgage/lease payments by 6-9 months. In order to negotiate the details on how to postpone the payments we recommend you contact your bank/lease company.
C. State subsidies of wages
If you are a Fleet Partner or Self-employed driver you are entitled to:
- The state will compensate 80 % of the employees’ salaries in mandatorily closed companies (aid may be up to €200,000 per company and compensation for a gross income of up to €1,100 (employee must not be in the notice period; both for time-limited and indefinite contracts)
- Contributions to the self-employed and employees in the companies that saw a decline in revenues (up to €800,000 a year) if revenues from 13 to 31 March drop by more than 20% (comparison on a year-on-year basis), the state will help self-employed or employee with €180;
if by 40%, €300;
if by 60%, €420;
if by 80%, €540.
Applications can be filed as of 6 April and first contributions will be paid out on 15 April (companies will provide honest declarations but the drop in revenues will be later checked ex-post thanks to data from electronic evidence of sales)
More details to the extent of the support provided by the government can be found here. You can apply for the support here.
Posted by Uber
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