Broadening of conditions for fulfilling the entitlement to the compensation bonus (No. 998)

In general, the compensation bonus belongs to those whose activities had (have) been disabled or who had (have) been significantly restricted in their business during the state of emergency. Therefore, these activities must be the ones that constitute the dominant source of livelihood, which also covers the activities, which are predominant or, at least, are significantly, i.e. at least 80%, tied directly to the closed industries during the decisive period from June 1 to September 30, 2020.

Recently, the compensation bonus is payable not only if the condition of income is met as compared with the period from June 1 to September 30, 2020, but also in comparison with income achieved in another, “alternate” period. However, this applies if and only if the following two conditions are met:

• It is a business whose execution was the subject to a compensatory bonus (i.e. directly prohibited or restricted activity or activity closely connected) also for most of the decisive period from June 1 to September 30, 2020; and therewithal
• This person achieved the predominant part of the income from a prohibited or restricted business in a substitute period of four consecutive calendar months in 2019 and 2020.

The predominant income includes revenues from employment, business activities and rent. Details, including an example, are available here. 

It is possible to submit an application under the above rules also for bonus periods, for which the deadline for filing the application has already expired. In such case, it is necessary to file the request for retrocession of the deadline to the previous state together with the application for the compensation bonus. This request is exempt from administrative fees, but it must be submitted no later than February 25, 2021.

KODAP advisers continue to be at your service.

publikováno 26.02.2021