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Persons to which special tax regime applies could be given status of unemployed
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    Persons to which special tax regime applies could be given status of unemployed

    RIGA, March 24 (LETA) - Persons to which the special tax regime applies could be given the status of unemployed, Welfare Minister Ramona Petravica (KPV LV) said during an online press conference today.

    The government will consider granting the status of an unemployed to people to which the special tax regime applies and who currently receive no income, said Petravica.

    The government is also planning to amend the Solidarity Tax Law to provide that solidarity tax be transferred to the special pension budget as of April 1.

    The government will also review amendments to the State Funded Pensions, which provide that persons who are state funded pension scheme participants will have the right, upon claiming their pensions, to temporarily defer disbursement of funded pension capital.

    As reported, government support aimed at mitigating the economic impact from the Covid-19 pandemic has exceeded EUR 2 billion, Finance Minister Janis Reirs (New Unity) told journalists last week.

    The proposal to support the businesses idled by the coronavirus outbreak by financing employees' wages will cost between EUR 60 million and EUR 200 million, if it is decided to expand the number of sectors eligible for the support.

    • Published: 24.03.2020 14:22
    • Anastasija Tetarenko, LETA
    • © The given news may not be republished in any way or amount, or otherwise used by the mass media or Internet websites, without written permission of LETA. If this provision is not observed, the matter will be taken to court pursuant to the laws and regulations of the Republic of Latvia.
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