On the 29th, the government will start providing the 4th disaster subsidy amounting to 5 million won to small business owners, special type workers (special high school) and freelancers.



Priority is given to self-employed people and those who have already received the emergency employment security subsidy, whose sales decline is confirmed in the government database.



According to the Ministry of Strategy and Finance today, the government will start paying 6.7 trillion won worth of'Small Business Owner's Support Plus' funds to 4.83 million self-employed and small business owners who have difficulties in management and living due to Corona 19.



The 2.7 million people whose sales decline is confirmed in the IRS database are eligible for preferential payment.



We have already confirmed the recipients last week, and we plan to start payment as soon as the account number and the intention to apply are confirmed by sending a text message on the 29th.



For those who need separate proof because no sales decline is confirmed in the IRS database, the payment process will begin next month.



The subsidy for small business owners is divided into 3 stages for businesses that have restricted sales and 4 stages for those with reduced sales, and is paid in a total of 7 stages.



11 types of groups such as indoor sports facilities and karaoke are prohibited (extended) 5 million won for business types, 2 types of groups such as academy are prohibited (mitigation) 4 million KRW, 10 types of groups such as restaurants, cafes, lodging, and PC rooms We pay 3 million won to the industry.



Business sectors, such as travel industry, where average sales decreased by more than 60%, 3 million won, performance business, exhibition, convention, event agency, etc., sales decreased by 40-60%, 2.5 million won, and chartered buses, etc., where sales decreased by 20-40%. We pay KRW 2 million and KRW 1 million to businesses with reduced sales that have decreased by less than 20%.



We provide emergency employment security support worth KRW 450 billion to 800,000 people, including special high schools and freelancers.



700,000 people who have already received grants are a priority.



We plan to deposit 500,000 won from the 30th to the 5th of next month.



We give 1 million won to new applicants.



The payment time is at the end of May as it takes time for the screening process.



80,000 corporate taxi drivers and 35,000 chartered bus drivers, whose sales decreased compared to the previous year, receive applications from early April and provide 700,000 won each from the beginning of May.



500,000 won will be paid in mid-May to 60,000 caring service workers.



Vouchers worth 500,000 won for living and income stabilization are provided to those with limited labor such as street vendors, and 300,000 or 1 million won for farm households.



Businesses that create 250,000 jobs will start hiring in the middle of next month. 



(Photo = Courtesy of Ministry of Strategy and Finance, Yonhap News)