With effect from 5 May, the NOW 5.0 (3.3) application window has opened. Until Wednesday 30 June, employers can apply to the UWV for a subsidy on wage costs for the period April, May and June of 2021. For now, this is the last NOW period to be opened.
The NOW 5 is open longer than usual. This longer opening allows entrepreneurs to make a better assessment of the loss of turnover and whether the subsidy is actually needed. For now, the NOW 5.0 is being used less than previous NOW schemes.
The conditions for the NOW 5.0 have remained the same. That is, there must be at least 20% turnover loss over the period April, May and June 2021 to receive a subsidy of (at most) 85% of labour costs. Again, an 80% advance will first be paid in three instalments. A final settlement will be made after the final determination. Please note that the Works Council must also have been notified of the NOW application.
As with the NOW 3.0, we offer you a checklist that can help you fill in the grant application. Would you like to receive this checklist? Then fill in your details below and you will receive the document in your mailbox for free.