PFR financial shield launched

Micro, small and medium-sized enterprises can now apply for financial support in connection with the situation caused by the SARS CoV-19 virus pandemic. Applications can be submitted via the electronic banking system in 17 banks. The list is available here

As PFR informs: "Completing the form in the electronic banking system is simple and does not require additional formalities, and the entire process takes place online. However, before you start submitting the application, you should prepare information that will determine the size of the company and the amount of the subsidy granted." More information can be found here here

According to PFR, errors occur when filling out the PFR Financial Shield form, consisting in selecting April as the basis for settlement.

Until the end of the current month, the only month that can be entered in the form as a basis for calculating the amount of the #TarczaFinansowaPFR subsidy is March. After settling the VAT-7 declaration for April, you can include this month when filling out the application form.

The decline in sales revenue in March 2020 will be compared to sales revenue in February 2020. Alternatively, the decline in sales revenue in March 2020 may be compared to sales revenue in March 2019.

Details: https://tiny.pl/7mvm3