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What if you use less budget than stipulated in the letter of intent?

The remaining amount will be paid out

o2o avatar
Written by o2o
Updated over 2 months ago

Have you used less budget than indicated in the letter of intent? Good news, because the remaining amount will then be paid out.

Not as an end-of-year allowance but as an end-of-year bonus with an NSSO charge of 3.55%. This is still more advantageous than entering too little budget in the letter of intent because you then have to make a net adjustment.

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