Special measures in the economies of Belgium, the Netherlands and Sweden

Special measures in the economies of Belgium, the Netherlands and Sweden

The Ministry of Finance of Belgium decided to introduce special economic measures in connection with the negative consequences of the coronavirus pandemic. First of all, the changes include the temporary abolition of fines for companies that have overdue taxes or paying mandatory payments late. In addition, you can get a deferral of tax. The deadline for applying for special benefits is June 30.

The Netherlands likewise took measures to simplify the tax situation in the country. The government has decided to defer tax payments for organizations affected by the pandemic. The result will be a reduction in tax payments. Fines and penalties for companies at the time of quarantine will be 0.1%. To receive benefits, you must file an application with the regulator and undergo a tax audit. This check will show what caused problems in paying taxes.

Sweden has taken a number of measures to support the labor rights of its citizens. In particular, the state will provide employers with special subsidies for salary payments. During quarantine, company employees must receive at least 90% of their wages. The state will pay sick leave to employees from the state budget. It is also planned to defer the payment of a number of taxes.

We draw your attention to the fact that this article is for informational purposes only. For more advice, contact us at the contacts listed on the site.