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Will 7,600 small business owners return compensation for losses…3 million won per place

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(1)More than 7,600 small business owners return compensation for losses, but 3 million won per unit
(2)Input 20231012 AM 601 – Correction 20231012 AM 602 Articles
(3)Reporter Park Sang-don
(4)1 price ⑤
(5)The target and amount of the Mid-term Ministry’s loss compensation policy will be determined by the Loss Compensation Deliberation Committee

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(1)Seoul = Yonhap News Reporter Park Sang-don = More than 7,600 small business owners lost COVID-19 due to the government’s out-of-town pay
(2)The compensation is expected to be returned. Each company costs about 3 million won
(3)In particular, more than 3,200 small businesses have already closed their businesses, which is expected to complain about the return of compensation for losses
(4)According to data received by the Ministry of SMEs and Startups by Rep. Kim Hoe-jae of the Democratic Party of Korea, a member of the National Assembly’s Trade, Industry and Energy Small and Medium Venture Business Committee on the 12th, compensation for losses was paid to 3,221,000 small businesses, including 8.42 trillion won in quarterly redundancies
(5)Starting in the third quarter of 2021, the Ministry of SMEs and Startups paid quarterly loss compensation to small businesses that suffered serious management losses due to quarantine measures such as prohibition of gathering and restrictions on operating hours
(6)However, by the end of July this year, 53 billion won was incorrectly paid to 57,583 companies, 18 of whom were eligible for payment, due to calculations and system errors in the initial payment

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(1)Accordingly, the Ministry of SMEs and Startups has processed 30.41 billion won by offsetting the overpayment from the fourth quarter of 2021
(2)For example, if you have to pay 5 million won in compensation for loss, but you pay 10 million won incorrectly, you will not pay 5 million won in the next quarter
(3)However, 7,609 small businesses are still subject to collection. The amount subject to collection is 22.61 billion won, which is 2.97 million won per company
(4)Of these, 3,285 companies, which are 432 people, have already closed their businesses. The amount of these closed companies subject to recovery is 8.25 billion won, which is 2.51 million won per company
(5)The Ministry of SMEs and Startups plans to set up a separate plan this year to recover the incorrectly paid loss compensation as most of the loss compensation payments have ended

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(1)Apart from compensation for losses, the Ministry of SMEs and Startups has the first new hope fund and the second support fund paid during the COVID-19 outbreak
(2)The government is also considering whether to redeem the disaster support fund in advance
(3)Considering small business owners who are having a hard time during the COVID-19 period, some of them paid disaster support funds in advance even if there was no tax data, but since then, sales growth has been confirmed and needs to be redeemed
(4)An official from the Ministry of SMEs and Startups said, “We are discussing the advance payment of disaster aid, but there is no plan to redeem it or do anything specifically.”
(5)The Board of Audit and Inspection is reportedly planning to begin an audit in the fourth quarter of this year on the government’s overall small business support projects, including disaster support funds and compensation for losses paid during COVID-19

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