The advance NOW and the final settlement

8 June 2021 - Entrepreneurs have already been able to take advantage of four NOW periods and the application period for the fifth period (for payroll of the second quarter of 2021) started as of May 17. Meanwhile, a further extension of the support measure has also been announced and there will also be a NOW grant (NOW 4) that looks at the third quarter of 2021. After submitting the application, the UWV pays out an advance fairly quickly. At a later stage the final amount of the NOW subsidy is granted and it may then turn out that part of the advance has to be repaid or even that there is no entitlement to NOW at all and everything has to be repaid.

Want to know more? 

Would you like help making the final calculation or would you like to know whether all conditions are met? Then contact Marco Zimmerman by e-mail or by phone: +31 (0)88 277 20 65 or Renee Pauli by e-mail or by phone: +31 (0)88 277 24 38. They will be happy to help you.