Obtaining Financial Support for Individuals

 

BDO Malta’s aim is to support the persons and enterprises affected the most by the COVID-19 outbreak and provide more information and guidance in relation to the financial measures announced by the Maltese Government. We are expecting further measures to be announced should the current situation not improve in the coming days and weeks.

Most of the financial incentives introduced by the Maltese Government, along with the application processes, will be managed by Malta Enterprise. More information is available on the website http://covid19.maltaenterprise.com/. Alternatively, any person who is affected by the situation and requires more information can also call 144 or send an email on [email protected].

We are expecting the issuance of guidelines, which will give more details and clarify as to how and when the applications for the benefits will need to be submitted. 

 

1. Are you an employer, whose employees were required to observe a period of mandatory quarantine subsequent to travel outside of Malta?

The government will be granting €350 per employee under quarantine to all employers to compensate for the 14 days mandatory quarantine leave. The grant is also applicable for employees who had to quarantine themselves due to possible contact with individuals who were directly at risk of infection, such as living in the same house or working in the same workplace. 
The quarantine leave incentive is applicable only to full-time employees and does not cover part-time employees.


The application for the quarantine grant is available on https://covid19.maltaenterprise.com/quarantine-leave/.

 

2. Are you a parent, who is required to stay home to take care of children due to the school closure?

Parents who both work in the private sector requiring one of the parents to stay at home to take care of school-aged children will receive a direct payment of €166.15 per week if working fulltime or €103.85 per week if working part-time provided that they cannot carry out their functions through teleworking arrangements. This measure also applies for single parent families who have school-aged children. Information on the benefits is available on https://socialsecurity.gov.mt/en/Pages/covid19benefits.aspx.

 

3. Are you an employee, whose employment was not terminated but suffered from the employer’s mandatory suspension of business (for example forced leave or reduced working hours per week)?


Employees of enterprises, which were severely impacted by COVID-19 will be paid by the Government €800 per month. This is equivalent to the minimum salary (in the first year of employment) plus an additional €23 per month to everyone employed in the severe impacted sectors. In the case of employees on salaries higher than the minimum salary, the balance of the salary but up to €1,200 (that is an additional €400 salary by month) will need to be covered by the employers. However, depending on the circumstances of the employee, the Government expects flexibility from both employees and employers, especially in the cases where individuals earn more than €1,200 per month.
Part-time employees will be eligible up to €500 per month.
In order to simplify administrative processes funds will be forwarded to employers who will be obliged to guarantee that the Covid Wage Supplement as established above is forwarded to the employee.
When the operations are completely closed down due to Covid measures taken by Government employees supported through those measures cannot be asked to take unpaid leave and the employer is obliged to pass on, as a minimum, the €800 wage subsidy (or €500 in case of part-time employees) less the employee’s national insurance contribution and government taxes to the employee.

 

The COVID-19 Wage Supplement are extended to the months of May and June. All applicants which filed an application by the 30th April do not need to reapply and will receive the supplement for the months of March to June. Entities that file the application after the 30th April will receive the wage supplement only for the months of May and June.

 

Annex A contains the list of sectors by NACE code. The application for the Wage Supplement scheme is available on https://covid.maltaenterprise.com/wagesupplement.

 

4. Are you a self-employed individual, who suffered from the mandatory suspension of business?

Self-employed individuals, who suffered from a complete suspension of operations (such as accommodation, food and beverages, language schools and entertainment) will benefit from €800 grant per month.

 

The COVID-19 Wage Supplement are extended to the months of May and June. All applicants which filed an application by the 30th April do not need to reapply and will receive the supplement for the months of March to June. Individuals who file the application after the 30th April will receive the wage supplement only for the months of May and June.

 

Annex A contains the list of sectors by NACE code. The application for the Wage Supplement scheme is available on https://covid.maltaenterprise.com/wagesupplement.

 

5. Are you employed with an enterprise, which did not suspend its operations, but its business operations have reduced by at least 25%?

Individuals employed with entities which suffered a downturn in operations of at least 25% but continued operating, will benefit from a 1 day per week benefit, based on a salary cap of €800 per month covered by the government, that is a benefit of €160 per month per employee. There will be the possibility to increase the salary to 2 days per week based on conditions still to be announced. 

Part-time employees will be eligible to one day’ salary per week, equivalent to €100 per month. In the case of Gozo based enterprises this will increase to two days’ salary per week equivalent to €320 per month for full time employees, and €200 per month for part time employees.

The 1 day per week benefit is applicable also in the case of self- employed and is increased to 2 days per week if the self-employed employs individuals. The amount of benefit is respectively €160 for the ones without employees and €320 per month if the self-employed employs individuals. Self-employed based in Gozo will be entitled to 2 days’ salary per week equivalent to €320 per month. This will increase to 3 days salary, equivalent to €480, for those self-employed who employ staff, and the employees will be entitled to two days’ salary per week.

 

The COVID-19 Wage Supplement are extended to the months of May and June. All applicants which filed an application by the 30th April do not need to reapply and will receive the supplement for the months of March to June. Entities that file the application after the 30th April will receive the wage supplement only for the months of May and June.

 

Annex B contains the list of the sectors by NACE code. The application for the Wage Supplement scheme is available on https://covid.maltaenterprise.com/wagesupplement.

 

6. Are you an individual, whose employment was terminated due to the current COVID-19 outbreak?

Employees who ended up unemployed as from 9th March, will benefit from a special unemployment benefit. Those employees who had their full-time employment terminated, including those who were self-employed, as a result of the COVID-19 pandemic will be eligible for the Contributory Unemployment Benefit and will receive a direct payment of €166.15 if they were full-timers before they became unemployed or €103.85 per week if they were working part-time before becoming unemployed.

We are expecting the application process for such benefit to be announced shortly and will update this section with further details when available. In the meantime, information on the benefit is available on https://socialsecurity.gov.mt/en/Pages/covid19benefits.aspx.

 

7. Are you a person with disability, who had to stop working due to your medical condition and who is unable to continue working from home?

Disable individuals, who due to their medical condition were unable to continue working and are unable to work from home, will receive a direct payment of €166.15 per week if working fulltime or €103.85 per week if working part-time.

Information on the benefits is available on https://socialsecurity.gov.mt/en/Pages/covid19benefits.aspx