General national economic measures

 

*small business relief or other financial support

*income support for freelance workers

*income support for employees

*income support for freelance workers

*business rates payment holiday

*employer social security payment holiday

*tax returns and or VAT returns suspended/delayed

 

More information: 

 

-Switzerland has adopted an aid package of CHF 42bn (around €40bn) for funding reduced work schedules and loan programmes for businesses. 

-Within that, small and medium-sized businesses are able to receive loans of up to CFH 20 million.

 

-The late penalty and interest fees associated with VAT is to be waived through the end of 2020, although taxpayers must apply to have their payments deferred. 

-The federal income tax payment is delayed; specific delays are determined by the Cantons.

-Compensation for reduced working hours (partial unemployment). Employers can apply for reduced work hours benefits. More information and applications here


-Aid in the form of cash. Companies can ensure the liquidity of their business in the short term by requesting support in the form of a transitional credit guaranteed by the Swiss Confederation. More information and forms here


-Postponement of the payment of contributions to social insurance interest free, liquidity reserves in the tax field, suspension of proceedings and bankruptcies, more information in the press release from the Federal Council here


National measures specific to the music sector or to culture in general

From the above-mentioned package, the following measures are relevant for the cultural sector:

-Self-employed people who suffer a loss of income because of official measures to combat the coronavirus (eg. cancelled performances) can apply for compensation. These payments are administered via cantonal compensation funds. More information about the compensation scheme here. A list of compensation funds is available here

-Companies and freelancers can defer social security payments without incurring interest. Applications will be assessed via the cantonal compensation funds. (same list as above.)

-Small companies including single-person firms whose liquidity is endangered by the impact of coronavirus can obtain government guarantees for credit during the crisis. More information on liquidity support is available here.

-Emergency funding of CHF 280m (around €265m) has been made available specifically for arts and culture. This includes non-repayable loans to cover the living costs of artists whose livelihoods are threatened by measures to combat the coronavirus. This funding will be administered by Suisseculture Social. More information and applications here (information in French, German and Italian).  

 

On top of this, there are complementary measures for the cultural sector: 

-Cultural businesses  which have suffered financial losses due to closure, or cancellation or postponement of events or projects, can request compensation from the cultural service of the canton where their company is headquartered. The compensation covers a maximum of 80% of financial losses. The deadline for filing the application was 20 May 2020.

 

More info: 

-measures for cultural businesses, see here

-measures for cultural actors, see here

-measures for non-profit cultural operators (see here)

De-confinement process

-On 11th May, the Swiss government approved further easing of coronavirus restrictions with a lockdown exit strategy in several steps: see here.

Measures taken by local collecting society organisations


SUISA, the Swiss collecting society is examining possibilities to help members specifically with support payments in case they are facing an emergency situation because of the corona crisis.

Other music funds available


None so far.

Support from online services

 

No specific support for Switzerland so far. For more initiatives by online services, click here.

Support from national radio and other media

 

National Radios are supporting the music industry by playing Swiss music, some programmes even playing only local artists.

 

Social media and other campaigns to promote music during the crisis

Let's Get Digital Festival: http://www.lovestream.ch 

 

Petition calling for the creation of a compensation fund for cultural workers. (see here)
 

Local programmes supported by EU funds covering music

 

None so far.

Business and other expected losses

-Around 4000 Swiss francs in average for employees and freelance musicians.

-No estimate for record labels yet. 

 

-More than 15m Swiss francs is already lost in fees from cancelled shows for March/April. Not counting merchandising, copyright, etc.

For more info:
 
IndieSuisse - Association of Swiss Independent Music Labels and Producers - www.indiesuisse.ch -
info@indiesuisse.ch

Switzerland

IMPALA represents independent music companies and national associations in Europe. Our main site is www.impalamusic.org where you can find out more about what IMPALA does. 

Address: 70 Coudenberg - 1000 Bruxelles

Tel: +32 2 503 31 38

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