Pharmacies, lottery shops, etc. are excluded from the 4th subsidy payment target…Review of support for flower farmers

Input 2021.03.07 09:33

Among the 4th disaster subsidy payments, specialized jobs such as pharmacies, businesses with strong speculation such as lottery rooms, cigarettes, and adult games, and businesses with strong aggression such as collate, massage parlors, and kiss rooms are excluded. Among the real estate businesses, real estate managers or livelihood real estate brokers who have been in business for more than 6 months in the same place receive subsidies. However, among the industries excluding subsidy payments, there are exceptions to those that are restricted or banned from collectively.

According to the Ministry of Strategy and Finance on the 7th, the 4th subsidy for small business owners (support fund plus) will exclude businesses that are not eligible for small business policy financing. The business type excluding subsidies for small business owners is a concept introduced in the second disaster support payment, which was the first customized damage support last year. The intention is to focus limited financial resources on small business owners who are more difficult to assess by excluding specialized businesses that are not recommended by the government or that do not have to help.

Excluded from support are industries with strong speculative nature such as cigarettes, lotteries, gambling, horse racing and racing, and adult games, and industries with strong enjoyment such as collate, massage parlors, and kiss rooms. In addition, professional occupations such as lawyers, accountants, hospitals, and pharmacies are also excluded from the application. Insurance and pensions, financial services such as credit research and collection agencies, and multi-level door-to-door sales businesses are also excluded from the support.

The real estate industry, which is considered to be highly speculative, is also excluded from the subsidies. However, real estate management companies or livelihood real estate brokers and agents who have continued their business in the same place for more than 6 months are eligible for subsidies.

Unregistered businesses with high suspicion of tax evasion are also excluded from support by reporting that they are not small business owners. In the case of street vendors who are newly included in the subsidy (500,000 won) this time, they will be paid on the premise that they have already registered their business with the local government or are registering this time.

However, exceptions are made to those that are restricted or prohibited from grouping among the industries excluding subsidy payments. In the case of business losses due to the government’s quarantine measures, the government will provide support without looking for speculative or enjoyment. It is expected that entertainment sectors that have been banned from doing business will be subject to these exceptions.

In addition, the Democratic Party insisted that the 4th Disaster Subsidies should be included in the category of flower farmers who suffered damage due to reduced consumption of flowers due to the non-face-to-face transition of school entrance and graduation ceremonies. In addition, chartered bus drivers who were hit by the interruption of school field trips are also counted as targets for support. MICE companies (MICE and corporate meetings, reward tourism, international meetings, exhibition events) are also mentioned as targets of support.

If the demands of the Democratic Party are reflected, the size of the second customized support measures is expected to increase from 19.500 trillion won organized by the Ministry of Information and Infrastructure to about 20 trillion won. The government has opened up the possibility that additional support can be reviewed according to the discussions of the National Assembly, but has expressed difficulty in issuing additional government bonds. It is said that the expansion of support targets is a burden because the budget was formulated to take into account the national debt that has already grown rapidly.