Applications from entities for the extended financial assistance package

The General Directorate of Taxes informs the public that the latest changes of Government Decree No. 305, dated April 16, 2020 establish new criteria for receiving financial assistance, support from the Albanian Government. According to these changes, beneficiaries of assistance amounting to 40,000 (forty thousand) lekë are all individuals, former employees of entities that were permitted to operate or were closed pursuant to orders of the Minister of Health and Social Protection, who were laid off from work from March 1, 2020, to the date May 17, 2020. The online application for eligible employees, submitted by employing entities by June 5, 2020, exempts them from the penalty for failure to apply. In cases where the employer does not submit the application by June 5, 2020, all beneficiary individuals (according to the attached lists, see Here Linku) will be given the opportunity to receive financial assistance automatically after verification of the criteria based on data held by the tax administration or on data that employees or former employees will submit. The General Directorate of Taxes calls on all entities that meet the criteria set forth in Government Decree No. 305 of April 16, 2020, as amended, to complete the Application for Financial Assistance for individuals eligible under the aforementioned decree. These requests will be processed automatically; after submitting the completed form, the status section will display "Approved," which means the request has been automatically approved and the payment of the 40,000 lek financial assistance will be processed. Source: General Directorate of Taxes.

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About the author

Andi Haxhillari is an economist and the founder of AlProfit Consult, an accounting, tax advisory, and financial management firm in Tirana, established in 2015. He holds the professional title of Certified Accountant, certificate no. 359, issued by the Certification Authority of the Ministry of Finance on July 4, 2012. He graduated with a Master's degree in Accounting and as a General Economist from the Faculty of Economics at the University of Tirana. For more than ten years, he has worked as an external economist for small and medium-sized businesses in Albania.

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