Skip to main content
Home

Main navigation

  • Top stories
  • Health
  • Crime
  • Politics
  • Business
  • Tech
  • Culture
  • Sports
  • Weird
  • 1-1-2
Image
Netherlands money calculator
Stock photo of the Netherlands flag, cash in euros, and a calculator - Credit: photo: Zerbor / DepositPhotos
Business
Coronavirus
coronavirus support measures
TOGS scheme
Fixed Costs SME allowance
Friday, 26 June 2020 - 10:25
Share this:
  • facebook
  • twitter
  • linkedin
  • whatsapp
  • reddit

Last day for businesses to claim fixed costs support; €800m still unclaimed

Today is the last day that businesses can apply for support in paying their fixed business costs through the so-called TOGS scheme. So far the once-off compensation of 4 thousand euros was paid out 200 thousand times, leaving about half of the budgeted 1.6 billion euros in this scheme unclaimed, BNR reports based on figures from the RVO.

Up to June 23, over 215 thousand applications were filed to the TOGS scheme, set up to help businesses affected by the coronavirus pandemic pay their fixed costs. Over 200 thousand applications were approved. The scheme paid out a total of 802 million euros.

The TOGS scheme will be replaced by a new scheme called the Fixed Costs SME allowance. This is intended for small- and medium sized businesses who suffered a structural loss of more than 30 percent turnover due to the coronavirus crisis. They can receive a maximum of 50 thousand euros in 4 months.

In addition to the TOGS scheme, the government also set up two other coronavirus support schemes - the TOZO and the NOW. Both of these have been extended.

Follow us:

Latest stories

  • Cabinet ready to shorten duration of municipal debt relief down to 1.5 years
  • Two killed in fatal Arnhem fire are women aged 46 and 51
  • Lynxes might settle in Netherlands again; A "dilemma," Minister says
  • Leak of Dutch PM's row with Finance Minister is "Gossip and backstabbing;" Rutte apologized
  • Dutch police take down Exclu encrypted chat service with 42 arrests, €4 million seized
  • One worker killed, four hurt in Zeeland Refinery accident

Top stories

  • Dutch police take down Exclu encrypted chat service with 42 arrests, €4 million seized
  • Signal failure briefly halts train traffic around A'dam; NS warns of significant delays
  • Matching medicine dosage to patient's DNA can cut side effects 30%: LUMC
  • Dutch airports' traveler numbers not yet back to pre-pandemic levels in 2022
  • Dutch parliamentarians support €57 rent reduction for low-income households
  • European office to gather proof of war crimes in Ukraine will set up in The Hague

© 2012-2023, NL Times, All rights reserved.

Footer menu

  • Privacy
  • Contact
  • Partner content