Question 14: What is the methodology for calculating Indirect Expenditures (7%), and is their inclusion mandatory in the investment plan?
Indirect Expenditures amount to 7% of the Direct Expenditure grant budget and are indeed required to be encompassed within the investment plan's budget. To illustrate, within a funding application requesting a total budget of €30,000, the breakdown is as follows:
Total Budget = Direct Costs Subsidized Budget €28,037.38 + Indirect Costs €1,962.62 (calculated as 7% of €28,037.38) = €30,000.