Autonomo benefits also extended until September 30th

2020/06/26 09:19:07 Written by Canarian Weekly Business

The Government and the self-employed associations have agreed to extend the benefit for cessation of activity until September 30th, and the extension of the exemption from Social Security contributions is also maintained, which will be 100% in July, 50% in August and 25% in September.

This has been announced by the Minister of Social Security, José Luis Escrivá, and the representatives of the autonomous associations ATA, UPTA and the Uatae.
Escrivá has confirmed that their agreement will be approved by the Council of Ministers on Tuesday. "In this situation of new normality, it is justified that, for certain self-employed workers, aid be maintained, allowing them to overcome the situation," said the minister.

They also confirmed the extension of the extraordinary benefit for cessation, which amounts to 70% of the regulatory base, approximately 661 euros in the case of those that quote the minimum base, for three months, until 30th of September.

This aid will be accessible to any self-employed person who is affected by the closure of businesses due to the declaration of the state of alarm, or whose turnover falls in the third quarter by 75% compared to the same period a year ago.
It was in force until the last day of the month in which the alarm state ended, which is next Tuesday the 30th. Now it will remain active until September 30th.

Currently more than 1.4 million self employed people have been granted the extraordinary benefit for cessation of activity, approved in March due to the impact of Covid-19.