Government to help business owners affected by the flood

Prime Minister Petr Nečas said on Thursday that the government will take a number of steps to help business owners affected by the floods recover their livelihoods. The June 15 deadline for back payments of income taxes has been postponed and owners of businesses damaged by the floods will be freed of the obligation to make advance tax payments for 2013 starting June 30. The premier told the daily Hospodařské noviny that next week the cabinet wants to introduce special low-interest bank loans guaranteed by the government to help with repairs and recovery of small businesses.

Author: Masha Volynsky