Extraordinary Support to the Reduction of Economic Activity MOE (Managing Partners) 2021
Who it applies to
This support is intended for members of corporate bodies subject to the suspension of activities or closure of production units and establishments by legislative or administrative determination of a government source, in the state of emergency.
It has access to support to managers and members of statutory bodies of micro and small companies, with management functions, which have or not participation in the company’s capital, as well as to members of statutory bodies of foundations, associations or cooperatives with functions equivalent to of those, which are, in that capacity, exclusively in the regime of members of statutory bodies, even if in more than one entity, and are not pensioners.
What is support
You are entitled to a corresponding financial support:
- To the value of the remuneration recorded as contribution base, in situations where the value of the remuneration recorded as contribution base is less than 1.5 SSI;
- 2/3 of the amount of the remuneration recorded as a contributory base, in situations where the amount of the remuneration recorded is greater than or equal to 1.5 SSI.
With a maximum limit equal to three times the RMMG (1,995€) and with the minimum limit corresponding to 50% of the Social Support Index (SSI) (219.41€).
The support is calculated with reference to the base remuneration declared in March 2020, for the month of February 2020. If there is no basic remuneration declared in that month, the value is used in the index of social support.
In the case of an abrupt and sharp fall of at least 40% in invoicing, the value of the financial support is multiplied by the respective drop in invoicing, expressed in percentage terms.
How do I prove the total cessation of the activity or activity of the respective sector?
By his own declaration, under the commitment of honor and certification of the certified accountant. How do I prove the abrupt and sharp drop of at least 40% in invoicing?
By a declaration of my own, under pledge of honor, and by a certified accountant.
The break is subject to subsequent verification by the social security, within one year from the granting of the support, based on information requested from the tax and customs authority, giving rise to the possible refund of amounts unduly received.
The breakage of the invoice in the period of 30 days prior to the request is compared with:
- The monthly average of the two months prior to the request
- The same period of the previous year
- The average of the whole period in activity for those who have started less than 12 months ago.
How long is the support
The support is granted for one month, being paid in the month of the support application.
When can i apply for this financial support?
The support for the month of january must be requested from february 1st to 10th.
Am I eligible for other support?
The Extraordinary Support for the reduction of economic activity cannot be accumulated with other supports, namely:
- Prophylactic isolation sickness subsidy;
- Illness, parenthood or unemployment subsidy;
- Child and grandchild care subsidies;
- Simplified Layoff (Extraordinary Measure to Support the Maintenance of Employment Contracts);
- Resumption Support (Extraordinary Support for Progressive Resumption of Activity).
You can get more information at the following links:
