The Federation Council approved the law on credit holidays for individuals and business

Photos: Moscow 24/Roman Balaev

the Federation Council approved a law providing for the right to vacation credit for entrepreneurs of small and medium-sized businesses, citizens and individual entrepreneurs.

we are talking about the categories of citizens who suffered from the coronavirus. The law will come into force from the day of its official publication.

According to the document, citizens and entrepreneurs who have debt until 30 September to apply for a deferred payment loan for up to six months. The right to issue a vacation credit will be granted to those whose income in the past month fell by more than 30% compared to the average monthly income of last year.

Also applies to entrepreneurs of small and medium-sized businesses that operate in these government sectors.

If an extension is granted, the lender has the right to request proof of lower income. They can act the income statement, statement from the register of public services on registration as unemployed, list of disability and other documents. In case of confirmation of the appeal for postponement must be processed within five days.

Previously, the Federation Council approved a package of measures on tax easing for small and medium-sized businesses. In particular, it provides for the reduction of insurance contributions to social funds up to 15% of the salaries of employees of the enterprises of small and medium business.

In Moscow on 1 April approved the second package of anti-crisis measures to support the capital’s entrepreneurs. In particular, extended the access of small and medium enterprises to obtain loans and subsidies. Previously, the decree on assistance to city businesses have signed Sergei Sobyanin.

On the necessity of introducing credit vacation, Russian President Vladimir Putin said on March 25 during his address to the Russians.

see also

the Finance Ministry has earmarked 1.4 trillion rubles to combat coronaviruses urged Russians to austerity in connection with the difficult situation in the world the plot:the Coronavirus COVID-19