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Support for fixed costs SME (TVL)

Key support measure in the Netherlands Compensation for Entrepreneurs in affected Sectors (TOGS), followed by the TVL (Support fixed costs SME) on 20 May 2020

Dutch companies in a number of specific sectors who have been affected by the Corona measures (f.e. by having to close the company, not being able to organize events or negative travelling advice) are eligible for a one-off compensation of initially € 4,000.

On 20 May 2020 the government announced that the Togs will be followed by the TVL (Support fixed costs SME). This is a measure intended for SME companies that have a structural loss of turnover of over 30% due to the coronavirus crisis. Companies fulfilling the conditions could initially receive support up to € 20,000 for a 3-month period to continue paying the fixed costs (excluding wages). Late May, this amount was increased to € 50,000 for four months, until 1 October. This amount reflects that this government grant is classed as turnover for the NOW scheme (Temporary Employment Bridging Measure).
Companies in sectors that were previously eligible for the Togs will be able to make use of the TVL. The TVL is implemented by the RVO. Applications can probably be submitted as of mid-June. The Togs scheme will expire in mid-June. The TVL will retroactively become effective as of 1 June.

Click to read the official information of the Dutch government about this scheme

Click to read information on Reimbursement Fixed Costs (TVL)

Click to read frequently asked questions regarding the TVL (in Dutch)

>> to the overview Corona information
>> to the Coronavirus FAQ

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Since 1972, Interfisc has offered international HR & Payroll solutions in the Netherlands, Belgium, Germany, France, the United Kingdom, and Italy. We do this from our offices in the Netherlands and Belgium, and with an international team of around 45 committed and caring employees. 

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