Liberman: Whoever can show a 35% fall in turnover in January-February, then in such instances we are going to grant help of as much as NIS 600,000.
At a Yisrael Beitenu faction assembly this morning, Israel’s Minister of Finance unveiled the monetary help he goals offering small companies and the self-employed who’ve suffered financially from the Omicron epidemic over the previous two months. Liberman stated that the package deal is designed for small and medium sized companies with an annual turnover of lower than NIS 60 million.
Liberman stated, “Whoever can show a 35% fall in turnover in January-February, then in such instances we are going to grant help of as much as NIS 600,000.”
The help will likely be offered in a single cost that can embrace a social grant, a grant for mounted expenditure, a grant to encourage employment and an exemption from municipal tax. Up to now companies acquired all these grants individually. Companies will likely be compensated just for January and February, although the Omicron variant reached Israel in late November and was spreading exponentially by mid-December, when Prime Minister Naftali Bennett known as on folks to work at home.
LAHAV – the Israel Chamber of Impartial Organizations and Companies president Roi Cohen, expressed dissatisfaction with the help package deal. “This complete plan is an try and play with numbers and set standards designed to not compensate companies. They should go along with the plan that was set after Operation Protecting Edge (in Gaza in 2014) which set a threshold of a 25% fall in turnover. Any person who decides to not compensate a enterprise that misplaced 20%-30% doesn’t perceive in any respect how a enterprise is run. Let’s examine what self-employed individual can meet 100% expenditure and 70% earnings.”
Revealed by Globes, Israel enterprise information – en.globes.co.il – on February 28, 2022.
© Copyright of Globes Writer Itonut (1983) Ltd., 2022.
Avigdor Liberman Picture: Rafi Kotz
