Government adopts decision on rent rebates for January–March
On 8 april the Government adopted an ordinance on rent rebates for certain vulnerable sectors for the period 1 January–31 March 2021. The adopted ordinance means that the rebate scheme enters into force and can be applied for as of 3 May. The decision follows directly from the approval of the rebate scheme by the European Commission last week and is based on an agreement between the governing parties, the Centre Party and the Liberal Party.
As a result of increased community transmission and the negative economic impact on many businesses, the Government today adopted an ordinance on State aid for rental costs for the first quarter of 2021. As previously, the rebate is intended for certain businesses in the hotel and restaurant sector, the retail sector and certain other activities affected financially due to the spread of COVID-19.
The rent rebate is a temporary compensation to landlords who enter into agreements with their tenants on a rebate for fixed rental costs for the first quarter of 2021. The agreement must be in writing and entered into by 31 May. The compensation covers 50 per cent of the agreed rebate and otherwise follows the design of the support period April–June 2020.
The ordinance adopted today on rent rebates for the period 1 January–31 March enters into force and can be applied for as of 3 May. Applications must be submitted by 30 June. As in the previous support period, the aid will be processed by the county administrative boards.
Earlier this week, the Government also announced an extension of the rent rebate so that it will also apply for the second quarter of 2021. The Government intends to provide more information about the announced extension in the near future. It is expected that the extended period will follow the design of the rent rebate for the period January–March.
Media representatives and journalists should contact the press secretary. Others with questions should call the Government Offices switchboard or email the Ministry of Enterprise and Innovation’s senior registry clerk.