FEHD prepares for disbursing second tranche subsidy under Catering Business (Social Distancing) Subsidy Scheme
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According to the conditions for release of the subsidy under the Scheme, before the second tranche of the subsidy is received, successful applicants who have received subsidies under the first tranche shall submit a duly signed notification to the FEHD confirming their timely submission of the monthly certificates for May to July this year issued by a certified public accountant (practising) as proof that there were no staff redundancies and not less than 80 per cent of the subsidy released was used to pay salaries of staff working at the premises in the months.
The notification template can be downloaded from the website of the FEHD (www.fehd.gov.hk). From tomorrow (August 13), the applicants can submit the completed and duly signed notification to the designated account online provided by the FEHD in respect of the licensed premises. The FEHD will arrange prompt disbursement of the second tranche of the subsidy after verification of the information.
The Scheme provides subsidies ranging from $250,000 to $2.2 million and the subsidy is being disbursed in two tranches on an equal basis to eligible licence holders of general restaurants, light refreshment restaurants, marine restaurants and factory canteens in operation according to the floor area of the premises as specified in the licence, primarily in support of payment of employees' salaries during a six-month period from May to October this year following approval of the application. Disbursement of the first tranche subsidies, ranging from $125,000 to $1.1 million, started in June. For details, please visit the website of the FEHD.
Ends/Wednesday, August 12, 2020
Issued at HKT 19:25
Issued at HKT 19:25
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