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Anger at the Treasury: "There is no compensation for businesses, there are benefits for high-tech" | Israel today

2022-04-04T19:49:48.769Z


Business owners have submitted business results, but the Knesset is on holiday and the aid scheme presented in February has not yet been approved • The owners of the halls are disappointed: "We have no way to pay salaries"


Many business owners are angry at the Ministry of Finance due to a delay in approving the compensation plan, which was presented more than a month ago.

As you may recall, at the end of February, the Minister of Finance presented the outline for assistance to businesses affected by the Omicron wave, according to which business owners who demonstrate a 35% decrease in revenue turnover in January-February will receive compensation from the state.

The outline was presented after quite a bit of criticism voiced towards the Treasury's "clasped" policy.

The Treasury, it will be recalled, intended to wait until the companies' business results, which are submitted at the end of February, to receive an indication of who should be compensated and how much.

Adv. Roi Cohen, Photo: Gideon Markowitz

The companies' business results were submitted, and since then a month and a bit have passed, but not much has happened.

The Knesset, meanwhile, has taken a break, so if no emergency discussion is convened on the issue, the compensation outline will be approved, at best, in June.

Meanwhile, the Treasury says the law memorandum on the subject will be published in the next day.

"Forced to take out loans"

The ballroom industry, which has suffered heavy losses during the Omicron wave, is disappointed.

Aviram Alon, CEO of the Association of Halls and Event Gardens, says in a conversation with Israel Today: "Many of the event halls have taken loans or liquidated personal savings or even taken loans from the gray market, because people really have nowhere to pay their salaries." 

Although the government did not impose a closure or onerous restrictions on the economy, it advised citizens not to congregate, and the mass isolations also fascinated many to their homes. 

As a result, many events planned for January and February did not take place, but expenses continued to accumulate, including wages for workers.

"We are disappointed - the state has promised and not given yet. We are in the dark, no one knows what is happening," Alon added.

"Cultivate those who are full"

Meanwhile, the memorandum of law granting tax benefits to investors and start-ups in the high-tech industry, approved last night, is provoking criticism in independent organizations.

Advocate Roi Cohen, President of the Chamber of Independent and Business Organizations in Israel, said: "By all parameters, the high-tech sector is at an all-time high in terms of capital raising.

Why not direct budgets to encourage new businesses to open?

Why not encourage and promote existing businesses?

"Before running to cultivate those who are full, keep the existing one," Cohen claimed.

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Source: israelhayom

All news articles on 2022-04-04

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