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Reconfinement: support for retail rents is reinforced

2020-11-12T19:44:44.986Z


Bruno Le Maire announced to revise upwards the device planned to encourage lessors to make rent discounts, the first charge of shops and restaurants.


The businesses will not raise the curtain on Friday, but the aid they benefit from will be reinforced.

Bruno Le Maire announced Thursday, in the wake of the Prime Minister's speech, to revise upwards the device planned to encourage lessors to make rent discounts to their commercial tenants.

Read also:

Closed floors, blocked shelves, sheltered shelves ... the puzzle for traders

Rent is usually the second or even the first charge on businesses and restaurants.

While their employees can benefit from partial unemployment, the rent "

remains the major issue for a vast majority of traders

", notes the Minister of the Economy.

Their lessors will benefit from a tax credit of 50% of the amount of the rent abandoned, and not of 30% as planned so far.

This tax credit will be granted to all landlords who waive the rent for the month of November for their tenants with less than 250 employees.

A first time

Another novelty, Bruno Le Maire announced a similar device, but on a smaller scale, for the largest brands (between 250 and 5,000 employees).

The landlords have so far had no incentive to give them a discount in rent, even though these large brands are, in this second confinement, also very weakened.

Their lessors will benefit from a 50% tax credit on two-thirds of the rent abandoned.

Concretely, for this type of sign, the November rent for closed businesses could be covered for a third by the State, for a third by the lessor and for a third by the tenant.

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Distributors to the rescue of small traders

This is the first time that we have found a collective agreement on a measure of this importance,

” said Bruno Le Maire.

In a joint statement, the federations of traders and lessors have indeed "

welcomed this decision which will facilitate the cancellation of rents during the administrative closure period, and thus support businesses

".

We are far from the climate of tension that had prevailed during the first confinement and during which the State had not put, in terms of rents, hand in pocket.

Source: lefigaro

All business articles on 2020-11-12

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