Government plans “restart aid” for solo self-employed

So far, the self-employed without employees at the economic aid in the Corona crisis fell through the grid. Ministers Scholz and Altmaier are now reacting.

Solo self-employed and artists protested in front of the Federal Ministry of Economics, because the Corona emergency aid was partly full of holes and inadequate.

Dhe federal government wants to support self-employed individuals with a one-time grant of up to 5000 euros. From this amount for December 2020 to June 2021, those affected, for example from the arts and culture sector, who have hardly any fixed costs, should benefit, as the Federal Ministry of Finance and the Federal Ministry of Economics announced on Friday. At the same time, Finance Minister Olaf Scholz (SPD) and Economics Minister Peter Altmaier (CDU) agreed on details for the continuation of the bridging aid, with which companies receive a subsidy for their fixed costs. The maximum amount for reimbursement of operating costs is to increase from 50,000 euros to up to 200,000 euros per month.

The ministries spoke of a “restart aid”. Solo self-employed persons who do not claim fixed costs and who derive their income primarily from self-employment are eligible to apply. The one-off grant amounts to 25 percent of the average monthly turnover. The maximum amount of up to 5000 euros for seven months was given to self-employed people with an annual turnover of around 35,000 euros.

“With the new start-up aid, solo self-employed people who were often unable to claim operating costs now receive special one-off support of up to 5000 euros,” explained Scholz. That helps self-employed people from the culture and events industry, who are particularly affected by the appearance restrictions in the pandemic. According to the ministry, the money will be paid out as an advance next year. The grant is not counted towards Hartz IV benefits.

The ARD capital studio reported that the Ministry of Finance expects the total package of bridging aid III to cost more than 20 billion euros. This would be in addition to the approximately 14 billion euros that the federal government estimates according to Reuters information only for the November aid.

Minister of Economic Affairs Altmaier stated that the scope of bridging aid III will be “significantly expanded” by the end of June 2021. The details have been determined and will be announced in a timely manner. Bridging Aid II will expire at the end of 2020.