Hi Bworkers and Friends
The Bworking staff and the partner MSCONSULTING have gathered some frequently asked questions related to the business sector in the context of the COVID-19 outbreak, compiling some information that may be useful in the present and near future. We will update as soon as more information from the government ct’
UPDATE 12 MARCH 2020:
Based on the information issued on 12 March 2020, a set of extraordinary and urgent measures were approved as a response to the Covid 19, in order to mitigate possible problems and damages arising from it.
In short, measures were approved to support the social protection of workers and their families:
- The attribution of justified absences for employees and self-employed workers who have to stay at home with their children up to 12 years old;
- Exceptional financial support for employees who have to stay at home with their children up to 12 years of age, amounting to 66% of the basic remuneration (33% to be paid by the employer, 33% to be paid by Social Security);
- Exceptional financial support to self-employed workers who have to stay at home with their children up to 12 years of age, in the amount of 1/3 of the average remuneration;
- Extraordinary support for the reduction of the economic activity of self-employed workers and deferment of payment of contributions;
- The creation of an extraordinary professional training support, in the amount of 50% of the worker’s remuneration up to the limit of the National Minimum Wage, plus the cost of training, for the situations of workers without occupation in productive activities for considerable periods;
- The guarantee of social protection for trainees and trainers during training sessions, as well as for beneficiaries occupied in active employment policies who are prevented from attending training sessions;
- Equating the situation of prophylactic isolation for 14 days for employees and self-employed workers in the general social security system, motivated by situations of serious risk to public health decreed by the entities that exercise the power of health authority. With this amendment, the workers who are decreed by the health authority to be in prophylactic isolation will have ensured the payment of 100% of the reference remuneration during the respective period;
- The granting of sick pay is not subject to a waiting period;
- Child and grandchild care allowances are granted in the event of prophylactic isolation without a guarantee period.
- It also approved a set of measures to ensure the mitigation of economic impacts, both on the cash support side of companies and on the protection of jobs, namely through the creation of
- 200 million credit line to support corporate treasury;
- 60 million credit line for microenterprises in the tourism sector;
- Simplified Lay off: Extraordinary support for the maintenance of employment contracts in companies in a situation of business crisis, in the amount of 2/3 of the remuneration, with Social Security paying 70% of this amount, the remainder being borne by the company;
- IEFP training grant;
- Promotion, within the contributory scope, of an exceptional and temporary regime of exemption from the payment of social security contributions during the lay off period by employers;
- Measures to accelerate payments to companies by the Public Administration;
- EN 2020:
- i) Payment of incentives within 30 days
- (ii) extension of the repayment period for credits granted under the NSRF or EN 2020.
- (iii) Eligibility of expenses incurred for cancelled international events.
- Extraordinary financial incentive to ensure the normalisation phase of the activity (up to a Minimum Salary per employee).
Strengthening of the response capacity of IAPMEI and of Turismo de Portugal in assisting the impact caused by COVID-19.
Extension of tax payment deadlines and other reporting obligations.
UPDATE 18 MARCH 2020
Based on the information issued on 18-03-2020, of new support measures, it is reported that a set of extraordinary and urgent measures were approved as a response to COVID 19, in order to mitigate any problems and damage arising from it.
In summary, the following considerations and summary of measures are left:
- More relevant – It is fundamental that all entrepreneurs carefully read the measures and support, not least because, up to now, no free measures have been defined.
- Postponement of tax payments (VAT, withholdings, corporate income tax and personal income tax) know:
- Payment in full on the usual terms and dates;
- Payment in 3 instalments without interest or;
- Payment in 6 instalments, the last 3 with interest for late payment. In all cases there is a guarantee waiver. ;
- Postponement of payment of social security contributions
- Reduced to 1/3 for the months of March, April and May. Soon February is out of scope;
- The remaining 2/3, will be settled in the 3rd quarter according to the above mentioned tax payment rules;
It is reinforced that the scope and timming of implementation is for March, April and May. From the information made available the payment of taxes and contributions for February remains unchanged.
The management of the company is done by the entrepreneurs and it is up to them to make decisions, Bworking will be here to help in everything possible with the support of our partners.
Q: Where can I find out what business support measures are in place in the context of the COVID-19 outbreak?
A: The website https://covid19estamoson.gov.pt gathers all the permanently updated information on national support.
The IAPMEI website https://www.iapmei.pt/Paginas/Medidas-de-apoio-as-empresas-relacionadas-com-o-im.aspx also contains permanently updated information, with direct links to the other public services mentioned in it (Social Security, Tax Authority, etc.).
Q: What credit lines are available?
A: Consult the latest updates on financial support to companies at https://covid19estamoson.gov.pt/medidas-excecionais/#empresas.
Q: What about workers – where can I find information?
A: Check for the latest updates regarding workers at https://covid19estamoson.gov.pt/medidas-excecionais/#trabalhadores.
Q: What is the legislation that frames all this support?
A: Legislation and relevant documentation is gathered at: https://covid19estamoson.gov.pt/documentacao/
Q: My company has some suggestions for additional measures. What can I do?
A: Aware of this crisis and the impacts for the coming months on the City’s Economy, the Lisbon City Council has already expressed its support for the various entities in the city and intends to implement a set of measures to mitigate the impact of the crisis and relaunch the economy. In order for these measures to be effective, we want to hear the suggestions of the business sector entities.
Q: I still have questions about what support my company can access. Who can I talk to?
A: There are several entities with teams ready to help.
telephone contact: 213 836 237
IAPMEI+ App (Google Play and App Store)
AIP Support Line: 213 601 020 | E-mail: firstname.lastname@example.org
Social Security Line for clarification on family assistance, casualties and quarantine +351 300 502 502