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Applying for cost support from the State Treasury has began

The application for cost support started at the State Treasury today, 21 December 2020, at 9 am. The application period continues until 26 February 2021.

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 receiving the support and apply for it by the deadline will receive it.

The support is conditional on a reduction in turnover

The cost support is intended for companies whose turnover has fallen by more than 30% in June – October 2020 compared to the reference period in 2019. If the company was established on or after 1 May 2019, the reference period is 1 January to 29 February 2020.

The sectors covered by the support are defined in the Government Decree. The list of sectors targets the  support to companies affected by the the coronavirus pandemic. The sector listing can be used to consider possible other reasons for calculating decrease in company’s business. These include, for example, seasonal fluctuations in the company’s business or a decrease in turnover for reasons other than the corona pandemic.

However, if the company’s business is not covered by the Decree, the company can apply for a cost support if its turnover has fallen by more than 30% compared to the reference period due to the corona pandemic. The company must show particularly compelling reasons why its turnover has fallen due to the corona pandemic. A particularly serious reason may be, for example, a restriction or regulation which has made it more difficult to conduct a business.

The State Treasury serves

The State Treasury’s website at haekustannustukea.fi contains a wealth of information, frequently asked questions and comprehensive instructions for filling in the application. In addition, applicants have a cost support calculator that allows them to estimate the amount of support to be paid.

Applicants will also have access to a chat and telephone service on weekdays from 9 am to 3 pm on 0295 50 3050. The chat service is available to those who have logged in to the e-service.

Decisions and statistics are published on the State Treasury’s website

Expenditure support applications and decisions are published on the State Treasury’s website. From the page, you can monitor, for example, the stage of processing applications and reporting information on applications and their processing. The first statistics for the search will be published the day after the search starts.

More information:

E-service>

Haekustannustukea.fi

Telephone service: 0295 50 3050 (weekdays from 9 am to 3 pm)

Media contacts:

Timo Laitinen, Director, tel. +358 40 060 3561
Jyri Tapper, Head of Division, tel. +358 295 502 950
Tuomo Yliluoma, Service director, tel. +358 295 503 349

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