Last week the cabinet announced the second emergency package with the new Fixed Costs Allowance Scheme for SMEs (TVL). This scheme replaces the previous TOGS scheme. What exactly does this new scheme entail?

The TVL scheme helps companies with up to 250 employees to pay part of their fixed costs. The amount of this tax-free allowance depends on the size of the company and the amount of the loss of turnover. Companies can receive a grant of up to a maximum of 20,000 euros for a period of three months.

The TVL can be applied for from mid-June at the RVO. The scheme runs from 1 June to 31 August. Entrepreneurs who previously used the TOGS scheme can also apply for it. The sectors that qualify for this are on the list of established SBI codes. 1 billion euros has been reserved for this scheme.

There are a number of conditions that a company must meet in order to use the scheme. In addition to the correct SBI code, the company may have a maximum of 250 employees. An SME must also have lost more than 30 percent of its turnover as a result of the corona crisis. The company must also have a branch in the Netherlands and was registered in the KVK Trade Register before 15 March 2020. It may also not be a government company and may not be bankrupt or have applied for a suspension of payments at the court.

Does your company meet these conditions and would you like to stay informed about the TVL scheme? Then visit the website of the RVO.

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