The European Commission has issued several approval decisions under
the temporary framework for state aid measures to support national economies as
they go through the coronavirus outbreak. For the UK, the Commission’s decision
‘not to raise objections’ gives the green light to the SEISS. The scheme is in
line with the conditions set out in the temporary framework, particularly
because it runs over a period not exceeding 12 months, requires business
activities of recipients to continue, provides financial assistance not
exceeding 80% of monthly gross income, and avoids over-compensation. The
Commission concludes that ‘the measure is necessary, appropriate and
proportionate to remedy a serious disturbance in the economy of a member state’.
The European Commission has issued several approval decisions under
the temporary framework for state aid measures to support national economies as
they go through the coronavirus outbreak. For the UK, the Commission’s decision
‘not to raise objections’ gives the green light to the SEISS. The scheme is in
line with the conditions set out in the temporary framework, particularly
because it runs over a period not exceeding 12 months, requires business
activities of recipients to continue, provides financial assistance not
exceeding 80% of monthly gross income, and avoids over-compensation. The
Commission concludes that ‘the measure is necessary, appropriate and
proportionate to remedy a serious disturbance in the economy of a member state’.
