In a plenary session at the Town Hall of La Oliva held on 11th November 2020, they approved requirements to help business owners overcome financial difficulties caused by COVID-19.
The local government has set 405.000 euros aside for this line of financial aid knowing that La Oliva is principally a tourist destination and travel restrictions have hampered business owners’ ability to operate as normal. There are other possibilities lined up for 2021 to provide “real solutions to real problems”.
The grant amounts to 800 euros per applicant, but preference will be given to those who are struggling the most (and can prove it). The net income for 2019 for those who are interested in applying must not exceed 50.000 euros and they must have continued their busines activity throughout the pandemic showing more than a 20% loss since the State of Emergency began, their activity must take place in the municipality of La Oliva and their registered tax address must also be in La Oliva.
This agreement must be published in the Provincial Bulletin of Las Palmas to allow the Town Hall to officially launch the grant around the 15th December 2020. More information will hopefully become available at that time.
TERRACE TAX: The same Plenary Session unanimously approved the suspension of Terrace Tax (commercial use of public areas) during 2021. The new government in power says they were unable to reduce the charge for 2020 so instead they adjusted it for the months the premises were closed.