Apply for business payroll support for the month of July 2020 on St. Maarten
The SZV recently announced that it is now possible to apply for business payroll support for the month of July 2020.The same requirements and stipulations should be applicable for July as for the month of June 2020.
As of today, no legislation or decree has been published on which this payroll support is based. The SZV has informed us, however, that the Minister of Finance is working on the relevant legislation. In the meantime, the online portal has been activated and is accepting applications for payroll support.
Please note that the deadline for application is set at October 2nd, 2020. Therefore, if you are interested in applying for payroll support for the month of July 2020, we advise you to submit your application as soon as possible, but in any case before this deadline.
As always, we are happy to assist. If you would like our assistance or have any questions concerning the information above, please do not hesitate to contact us.
Maarten Tervoort, tax advisor, tervoort@bakertillysxm.com
Paula de Bruijn, tax advisor, debruijn@bakertillysxm.com
Linnett Gordon, senior accountant, gordon@bakertillysxm.com
Erik van Engelen, certified public accountant, vanengelen@bakertillysxm.com