Urgent measures to respond to the economic impact of COVID-19.:

 

  • Extension of the Thomas Cook line of financing to mitigate the effects of the opening of insolvency proceedings will be extended to the companies and self-employed persons included in the first additional provision (Art. 12).
  • Companies in the tourism sector that maintain productive activity in the months of February, March, April, May and June or employ workers with discontinuous contracts may apply a 50% reduction in the company’s Social Security contributions for common contingencies and for the concepts of Unemployment, FOGASA and Vocational Training for said workers (art. 13).
  • Deferral of tax debts corresponding to tax returns and self-assessments due up to 30 May 2020 (for the purposes of article 65 of Law 58/2003 of 17 December and article 65.2 b), f) and g).
  • Extraordinary postponement of loan repayments by the General Secretariat for Industry and Small and Medium-sized Enterprises (Article 15).
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