The cabinet has chosen not to phase out the NOW in the first quarter of 2021 compared to the fourth quarter of 2020. By not phasing out the package, the reimbursement rate in the second period of NOW 3 will remain the same as the reimbursement rate from the first period of NOW 3.
This means that the maximum compensation percentage will be 80% of the wage bill instead of the previously announced 70%. Also, the minimum turnover loss to qualify for the NOW 3.2 in the second period will not be increased to 30%, but will remain 20%.
But beware: the wage bill exemption will not change now either and will therefore also remain 10% for the time being.
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