Under the Reimbursement of Fixed Costs for SMEs scheme (in Dutch: Tegemoetkoming Vaste Lasten MKB (TVL)) companies can obtain compensation for their fixed costs. This will be capped at € 20,000 for the next three-month period. The level of the compensation received will depend on the size of the company, the level of its fixed costs and the drop in turnover suffered, which must amount to at least 30%. This requirement makes the scheme less accessible, as under the existing Contribution for Entrepreneurs in Sectors Affected by COVID-19 scheme (TOGS) it was necessary for a company’s turnover to have fallen by at least € 4.000 and the company must have at least € 4.000 fixed costs. The new scheme is also open to the same affected sectors that were eligible for the TOGS scheme. These include catering, recreation, gyms, events, fairs, gambling halls, venues and theatres. The compensation paid under the new scheme will also be free of tax.
