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Extended turnover-based support for sole traders will also include sole traders who have received unemployment benefit and sole traders who have taken parental or sick leave
The Government previously announced that turnover-based support for sole traders would be extended until the end of April 2021. Today, the Government can announce that in connection with the extension of the turnover-based support for sole traders, a possibility will be introduced for sole traders who have received unemployment benefit during the support period in their application and sole traders who have taken parental leave or sick leave during the reference period to also access the extended turnover-based support.
As the Government previously announced, turnover-based support for sole traders – which currently applies for the period March to July 2020 – is to be extended until the end of April 2021. For the support period August to October 2020, sole traders must have lost at least 40 per cent of their turnover compared with the corresponding reference period in 2019. For support periods from November–December 2020 and later, the corresponding level is 30 per cent.
On extension of the turnover-based support, the 2019 turnover requirement will remain SEK 200 000 for the August to October support period. As of the November–December 2020, the turnover requirement will be reduced to SEK 180 000, so that more sole traders will be able to access the support.
To enable sole traders who have received or will receive unemployment benefit for the extended support periods to access the turnover-based support, it will now be possible to combine the turnover-based support with unemployment benefit. Unemployment benefit will be taken into account when calculating the size of the turnover-based support.
In addition, the Government intends to introduce provisions that enable applicants who have taken parental leave or sick leave during the reference period, i.e. 2019, to apply for and receive turnover-based support.
The precise formulation of the provisions will be seen in the ordinances that regulate the extended turnover-based support, which the Government intends to adopt as soon as possible after the Riksdag has made the necessary decisions.
Media representatives and journalists should contact the press secretary. Others with questions should call the Government Offices switchboard or email the Ministry of Enterprise and Innovation’s senior registry clerk.
Press Secretary to the Minister for Enterprise and Innovation Ibrahim Baylan
Phone (switchboard) +46 8 405 10 00