Intervention Categories: Finance policy and financial aid; Stimulus packages and financial support
Level of Jurisdiction: National
Overview: The Dutch Government has provided an additional â‚¬1.2 billion to local authorities to ensure implementation of its Temporary Bridging Scheme for Independent Entrepreneurs (Tozo).
The scheme is aimed at compensating self-employed professionals who expect to earn less than the minimum wage (currently â‚¬1,653.60 per month for people over the age of 21) over the next three months as a result of COVID-19.
The government has allocated â‚¬3.8 billion to fund the scheme. In late March 2020, local authorities recieved â‚¬250 million in advance from the Government to implement the Tozo scheme. The â‚¬1.2 billion is a second advance payment for local authorities towards the scheme.
Full details here: https://www.rijksoverheid.nl/onderwerpen/coronavirus-covid-19/nieuws/2020/04/17/beschikkingen-tweede-voorschot-tijdelijke-overbruggingsregeling-zelfstandige-ondernemers-verzonden