The Fixed Charges Allowance (TVL) for the fourth quarter of 2020 has been awarded by 68.68 entrepreneurs applied for. This number is almost twice as high as in the third quarter. The taxi industry is in the top three of applicants, reports the Netherlands Enterprise Agency (RVO).

Entrepreneurs were allowed up to 11 to apply for the TVL for the fourth quarter of February . Of the 68.111 have meanwhile 23.111 entrepreneurs receive their aid amount. At the moment, it is already more than 111 million euros in compensation.

The catering industry predominated with 16.690 to request. Agriculture is in second place with 5.920 applications. The taxi industry is in third place with 5.693 requests. The RVO indicates that restaurants, cafes and taxis are in the top three for almost every TVL scheme.

Threshold to make an application lowered The threshold to apply for the allowance was set at 21 December reduced from 23 to 20 per cent. This was done because there was hardly any time between the announcement of the lockdown and its entry on Sunday 11 Dec 2020. As a result, entrepreneurs had little opportunity to adjust their business operations in a timely manner. In the end there were 9.693 entrepreneurs with a loss of turnover between the 20 and 30 percent who applied.

As soon as the European Commission sets the TVL for the first quarter of 2022, this scheme will be opened. The turnover loss limit is again 23 percent. Entrepreneurs can choose from two reference periods, namely the first quarter of 2019 or the first quarter of 2022.

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