Liberman: Whoever can show a 35% fall in turnover in January-February, then in such instances we’ll 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 mentioned that the bundle is designed for small and medium sized companies with an annual turnover of lower than NIS 60 million.
Liberman mentioned, “Whoever can show a 35% fall in turnover in January-February, then in such instances we’ll grant help of as much as NIS 600,000.”
The help can be supplied in a single fee that may embody a social grant, a grant for mounted expenditure, a grant to encourage employment and an exemption from municipal tax. Previously companies obtained all these grants individually. Companies can be compensated just for January and February, though the Omicron variant reached Israel in late November and was spreading exponentially by mid-December, when Prime Minister Naftali Bennett referred to as on folks to make money working from home.
LAHAV – the Israel Chamber of Unbiased Organizations and Companies president Roi Cohen, expressed dissatisfaction with the help bundle. “This whole 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. Anyone 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% revenue.”
Printed by Globes, Israel enterprise information – en.globes.co.il – on February 28, 2022.
© Copyright of Globes Writer Itonut (1983) Ltd., 2022.
Avigdor Liberman Photograph: Rafi Kotz
