The Union of Chambers and Commodity Exchanges of Turkey (TOBB) President M. Rifat Hisarcıklıoğlu met with the heads of Muğla provincial/county Chamber/Exchanges, board members, council members and professional committees, women and young entrepreneurs during the joint meeting held via video conference.
Hisarcıklıoğlu reminded that they carried out prompt efforts with chambers and exchanges from the first moment the pandemic began, said, “We collected information from all provinces and sectors. Muğla Chamber-Commodity Exchange Presidents were interpreters of your problems and sent us your demands. Allah bless them all and their efforts. With all this, we prepared a 70-item proposal set. We presented it to President Erdoğan in March. A large part of them have been brought to reality.”
Hisarcıklıoğlu, giving examples of the proposals implemented; Withholding-VAT-SSI payments in many sectors were postponed for 6 months, tourism-restaurant-passenger transport sectors VAT reduced from 8 to 1, Workplace Rent withholding reduced from 20% to 10%, Credit Guarantee Fund (KGF) bail capacity increased, Public Banks with KGF guarantee introduced low-interest loan packages, TOBB Breath Credits initiated with KGF guarantee, and the terms of benefit from short work allowance have been improved, the 600-day period has been reduced to 450 days, the 120-day requirement has been reduced to 60 days.
Hisarcıklıoğlu noting that they have continued to work in coordination with chambers and exchanges, said that they conveyed the demands to the Government, “Here is the latest, the VAT rate in the education sector was lowered. The period of benefit from the short work allowance has been extended to 31 October. A new county-based restructuring has been initiated in the Investment Incentive system. A special funding support package has been issued for the tourism sector. Finally, a new regulation on the incentive of employment has been prepared.”
Hisarcıklıoğlu briefly mentioned the other issues they are following up on, and that they will take every issue conveyed at the meeting to their agenda.