“Just a few pennies. In other words, with grants, the government is offering everyone a glass of water, but it is not in a position to quench thirst for those who really need it "
This is the first hot comment released by the coordinator of the CGIA Studies Office, Paolo Zabeo, after seeing the results emerged from the simulations carried out on some economic activities that in a few weeks will receive a state grant. As required by the "Relaunch decree" approved yesterday evening.
CGIA Secretary Renato Mason says:
"It is true that in addition to direct compensation, the reduction of Irap was introduced, the reproposition of 600 euros, the deduction of 60% of the rents of the activities that saw at least 50% of the turnover fall in the last 3 months and cutting bills, but all of this is still insufficient to make up for the disastrous fall in turnover recorded in recent months by many small businesses ".
The simulation relating to the effects of non-refundable contributions is very modest. The seven examples were made on micro and small companies that in April 2020 were forced to close the business by decree:
- a hairdresser with an average annual turnover of 70 thousand euros and a loss, from April 2020 to April 2019, of over 5.833 euros, will receive, according to the provisions of the "Relaunch decree", 20% of this deficit. In practice it will get 1.167 euros;
- a clothing store with an annual turnover of 180 thousand euros shows a loss in April 2020 on the same month last year of 15 thousand euros. With this figure he will receive 3.000 euros from the state, that is, 20% of the loss;
- a construction company with a turnover of 450 thousand euros shows a fall in turnover of 37.500 euros. From the provisions of the "Relaunch decree" you will receive 5.625 euros. Amount obtained by applying 15% on the loss;
- a textile company with annual revenues of 500 thousand euros and a deficit of 41.667 euros, will collect 6.250 euros from the state, equal to 15% of the loss;
- a car dealership with an annual turnover of 1,1 million euros and a monthly deficit of 91.667 euros, on the other hand, will “bring” 9.167 euros home, or 10% of the deficit;
- a furniture factory with a turnover of 1.700.000 euros and a deficit of 141.667 euros will be compensated with 14.167 euros;
- a hotel business with 5 million in turnover and a loss in April 2020 on April 2019 of 416.667 euros, will collect 41.667 euros, i.e. 10% of the loss.
