Revenue advise that businesses can now apply for CRSS

Details of the proposed Covid Restrictions Support Scheme (CRSS) were published in the Finance Bill 2020. Pending enactment of the necessary legislation Revenue has today, 3 November 2020, advised that registration for the scheme is now available to eligible businesses, or the tax agent acting on their behalf, via the e-Registration facility in ROS, with […]

Government supported initiatives to support small businesses during COVID-19.

If your business is impacted or may be impacted in the future due to COVID-19, the following are government supported initiatives for those who are having difficulty in accessing finance from commercial lending providers. Microfinance Ireland – Strategic Banking Corporation of Ireland (SBCI) – Enterprise Ireland – Department of Business, Enterprise and […]

Relief from the payment of import duties and VAT for goods imported to combat COVID-19

Today (8 April 2020), Revenue confirmed that it has implemented an EU Commission decision that allows goods to combat COVID-19 to be imported, from outside the EU, free of import duties and VAT. The objective of the measure is to ensure that goods to combat COVID-19 being imported by approved organisations do not incur import […]

Covid-19 Subsidised Payment Scheme

The Temporary COVID-19 Wage Subsidy Scheme will be operated by Revenue and enables employees, whose employers are affected by the pandemic, to receive significant supports directly from their employer. The scheme is expected to last 12 weeks from 26 March 2020. The Temporary Wage Subsidy replaces the previous Employer COVID-19 Refund Scheme and provides for a significant increase […]

Revenue announce measures to assist SMEs experiencing cashflow difficulties arising from COVID-19

Having regard to the measures announced on March 12 2020 by An Taoiseach to interrupt the transmission of COVID-19, Revenue outlined some key advice and actions taken to assist small and medium enterprise (SME)businesses experiencing cashflow and trading difficulties arising from the impacts of the virus. Revenue issued key advice earlier this week to businesses experiencing […]