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Making central government’s responsibility work visible

With guidelines published on 2 September, the State Treasury encourages all central government organisations to use open responsibility reporting to share information to society about their role in enabling sustainable development. Responsibility reporting is a way to make sustainable development work carried out in ministries, agencies, and institutions more visible. In addition, a uniform reporting..
Making central government’s responsibility work visible

A new podcast for the autumn: Tiedon luo – exploring the future of work and leadership

In the Tiedon luo (Knowledge Seekers) podcast, Henni Purtonen takes listeners on a journey exploring important questions about the future of work and leadership. In each episode, the guests’ experiences and observations of the world help to frame a particular topic related to society or working life. Henni also talks with guests about life, dreams..
A new podcast for the autumn: Tiedon luo – exploring the future of work and leadership

Statistics: Support for uncovered fixed expenses

The previous day’s information is updated in the report below every weekday. The report indicates the date of the last update. The report provides information on the number of applications, the processing situation and the decisions made. More information on the statistics can be found behind the (…) button at top right corner. You can also..

The application round for closure compensation is ending

The application round for closure compensation for micro and small companies with less than 50 employees ends on Tuesday 31 August at 4.15 pm. A company may receive closure compensation if its premises were temporarily closed to customers in March-April because of the Act on Accommodation and Food Service Activities. Compensation may also be paid..
The application round for closure compensation is ending

Applying for cost support from the State Treasury has begun

The application for cost support started at the State Treasury today, 17 August at 9:00. The application period ends on 30 September at 16:15. You do not have to apply for a cost support as soon as the application opens. The support is provided for by law, so all companies that meet the conditions for..
Applying for cost support from the State Treasury has begun

Business cost support: Sectors

Companies can apply to the State Treasury for temporary cost support between 17 August and 30 September 2021. All businesses as well as foundations and associations with business activities can apply for cost support. Cost support may be granted to companies whose main sector is within the scope of the support. These sectors eligible for..

Financial support for businesses during Covid-19

Business cost support (4th round) Application period 17.8.-30.9.2021 Support for uncovered fixed expenses Application period 17.8.-30.9.2021 Closure compensation for medium-sized and large companies Application period 15.7.-13.8.2021 Closure compensation for micro and small companies Application period 12.5.-31.8.2021 Event guarantee Application period 1.6.-31.8.2021

Statistics: Closure compensation for medium-sized and large companies

The previous day’s information is updated in the report below every weekday. The report indicates the date of the last update. The report provides information on the number of applications, the processing situation and the decisions made. More information on the statistics can be found behind the (…) button at top right corner. You can also..

The group consists of companies with different types of closing periods ordered by the authorities. How is the closing period in accordance with the interim financial statements defined?

The period of the interim financial statements is determined on the basis of the longest closing time ordered by the authorities of each group company, i.e. according to the start date of the earliest closure and the end of the most recent closure. For example, if the group’s parent company has had offices closed between..

Should full turnover data be entered in the closure compensation application for March-April, even though there were exact dates for the closure?

Differently from the information in the interim financial statements for the closing period, the turnover data of the company or all group companies for full calendar months, such as the period 1 March to 30 April 2021, are recorded in the attachment form of the closure compensation application, if the company’s restaurant closure was valid..

For example, monthly accruals are posted in the company’s ledger for the last day of the calendar month. How are these taken into account or posted in the interim financial statements for the closing period?

Monthly assays in the accounts, such as accruals of holiday wages or depreciation of fixed assets, may be extended to the closing period on a daily basis. For example, if the company’s restaurant closure has been in force between 9 March and 18 April 2021, holiday pay periods and depreciation of fixed assets for the..