Turnover-based support to be introduced for trading partnerships in which at least one partner is a natural person

Published

The Government today decided to introduce turnover-based support for trading partnerships in which at least one partner is a natural person. This support covers the period March 2020–February 2021 and can be applied for as of 29 March. Turnover-based support for trading partnerships is based on an agreement between the government parties, the Centre Party and the Liberal Party.

Turnover-based support for trading partnerships in which at least one partner is a natural person will cover the period March 2020–February 2021 and is divided into several support periods. Applications may be submitted as of 29 March 2021 when the rules enter into force.

The support is intended for trading partnerships (including limited partnerships) in which at least one partner is a natural person and which have been affected by a major decline in turnover as a result of the ongoing pandemic.

For the support periods March–April 2020, November–December 2020 and January–February 2021, the trading partnership must have lost at least 30 per cent of its turnover compared with the reference period comprised of the corresponding period in 2019. For the support periods May 2020 and August–October 2020, the corresponding level is 40 per cent, and for June–July 2020, the level is 50 per cent. 

For support to be granted for March–October 2020, the net turnover in 2019 must have been at least SEK 200 000. From November 2020, the turnover requirement is reduced to SEK 180 000. The requirement concerning the lowest net turnover is calculated per partner in the trading partnership.

For March–October 2020, support amounting to 75 per cent of the decline in turnover may be provided. From November 2020, support amounting to 90 per cent of the decline in turnover may be provided.

On average, the maximum amount of support per natural person who is a partner is SEK 24 000 per month. For March–July 2020, support amounting to a maximum of SEK 120 000 may be provided, for the period August–October 2020 the maximum is SEK 72 000 and for November–December 2020 and January–February 2021, the maximum is SEK 48 000 per period.

County administrative boards process and take decisions on turnover-based support. Applications for support are to be made via the National Board of Housing, Building and Planning website.

Questions

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 contact

Sara Khatemi
Press Secretary to the Minister for Enterprise and Innovation Ibrahim Baylan
Phone (switchboard) +46 8 405 10 00