AIP asks for more support to companies in the face of worsening economic situation

AIP asks for more support to companies in the face of worsening economic situation
AIP asks for more support to companies in the face of worsening economic situation

The Portuguese Industrial Association (AIP) defended this Thursday a set of new measures to support companies which include the return to the simplified ‘lay-off’, tax deferral, interest subsidies and transversal reduction of the IRC.

In a statement, the AIP states that, as “the worsening of the economic situation is foreseeable”, the Government “should follow the strategy adopted during the pandemic”, advancing with support programs, depending on the evolution of the economic and business situation.

Pointing to the increase in tax revenue above the budget recorded until July, which amounts to 3.5 million euros, he says that “a set of more ambitious measures and with another scope in mitigating the effects of the current situation” would be expected – in a reference to the new aid plan approved by the Government.

For the AIP, the Government must therefore consider returning to measures used during the pandemic, such as the simplified ‘lay-off’ and the deferral of the payment of contributions and taxes.

Among the measures advocated by the Portuguese Industrial Association is also the increase in the support rate to 60% for intensive natural gas industries and its extension to the manufacturing sectors with high electricity consumption.

In parallel, the AIP defends the aforementioned lowering of the IRC for all sectors, as well as the improvement of the maturity and capital shortage conditions for those who use treasury support lines, in view of what is included in the Government’s plan, and interest subsidies.

The AIP also calls for “urgent regulation of measures” approved by the Government, eliminating the “opacity” on access criteria and amounts in some measures and improving procedures for implementing measures to avoid delays.

The article is in Portuguese

Portugal

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