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Kokk recommends voluntary unemployment tax for company directors, sole proprietors

Riigikogu finance committee chair Aivar Kokk (Isamaa).
Riigikogu finance committee chair Aivar Kokk (Isamaa). Source: ERR

Chairman of the Riigikogu Finance Committee Aivar Kokk (Isamaa) says sole proprietors (FIE) and board members of companies should be provided with an opportunity to insure themselves against the risks of a worsening economic environment.

Board members of companies should be able to voluntarily pay unemployment insurance premiums, Kokk believes. "This will provide company board members with an opportunity to insure themselves when they are, for example, asked to step down from the management body. This should be voluntary. Board members of companies engaged in enterprise always bear a business risk and they deserve the opportunity to decide whether they want this insurance or not. The same goes for sole proprietors," Kokk said via a press release.

He added that a company board member who has received a salary for their work and paid unemployment insurance premiums for a period of at least 12 months, but lost their job for some reason, should be able to register as unemployed.

Kokk also said he supports extending the Unemployment Fund wage support benefits for a month in order to alleviate the crisis. "On the basis of the last two months we can say it is a necessary measure which has helped to preserve thousands of jobs. At the same time it is clear that we cannot extend it indefinitely. This is why the requirements should become more stringent regarding the third month," Kokk added.


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Editor: Anders Nõmm

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