Corona-crisis | NOW support desk extended to 27 December 2020
Topicality | 22 December 2020
As a result of the new lockdown due to the corona virus, the period during which employers can apply to the UWV for compensation for wage costs via the NOW arrangements has been extended. Applications originally had to be in by 13 December 2020. This has been extended to 27 December 2020.
Financial compensation via NOW
Via the NOW arrangements, employers may receive reimbursement of up to 80 percent of their wage bill, which applies in the event of a 100 percent fall in revenue. With less loss of revenue, compensation reduces accordingly. For example, compensation is 40 percent of wage costs in the event of a 50 percent reduction in revenue. The loss of revenue must be at least 20 percent over a three-month period to be eligible for any compensation.
Period of three months
Employers who have not submitted an application for compensation for the second NOW period can choose from the following periods for their starting point for the applied for compensation:
- October 2020 to December 2020;
- November 2020 to January 2021;
- December 2020 to February 2021.
Employers who have already submitted an application for the second period must link the new period to their previous application for the second period.
After submitting your application, you will receive 80 percent of the provisionally-awarded allowance as an advance. You will receive this advance in three instalments. The final amount of compensation is only determined after your actual loss of revenue has become known. This is settled against your advance and the difference duly paid or recovered.
You can apply for the NOW digitally through the UWV. We will be happy to help you avoid applying for too little or too much NOW funding, and check the award and settlement for you.
Do you have any questions?
Please contact your regular contact person within Horlings. You can also contact the Horlings corona helpdesk:
Anne-Marie Dijkhorst (for employment law matters)
Joshua Jung (for tax matters)