VAT taxpayers engaged in food and beverage service activities affected by the measures taken within the scope of the COVID-19 outbreak will benefit from the support announced by President Recep Tayyip Erdoğan for the loss of turnover. However, those who benefit from the rent allowance and job loss grants issued in December 2020 will be able to receive grant support as much as the remaining part after the amount they benefit from is reduced.
Support for restaurants, restaurants and cafes
According to the Presidential Decree published in the Official Gazette, businesses with a turnover of 3 million lira or less in 2019 and losing at least 50 percent of their turnover in 2020 will be supported up to 3 percent of the declining turnover.
The amount of support cannot be less than 2 thousand TL and more than 40 thousand TL. VAT returns submitted in 2019 and 2020 will be taken as basis in determining the turnover of the business.
On the other hand, the amounts received by those who benefit from the regulation, which was published on December 23, 2020 and envisage loss of income and rent support for businesses, will be deducted from the turnover loss support. These businesses will be able to benefit from the turnover loss support if there is a difference.
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