The government has announced additional support for Covid-affected businesses.
- EWSS, CRSS, and Tax Debt Warehousing have all been updated.
(EWSS) Employment Wage Subsidy Scheme
Last Month, it was stated that the Employment Wage Subsidy Scheme (EWSS) would revert to its maximum subsidy rates at least until the end of January 2022. It was announced that the plan will remain accessible to new applicants until the end of January 2022.
This is to accommodate enterprises who may have previously deregistered from the system but are now eligible for rewards due to a drop in capacity or consumers.
(CRSS) COVID-19 Restrictions Support Scheme
The COVID-19 Restrictions Support Scheme (CRSS) was created to assist businesses that were forced to close their doors or severely restrict access to their facilities as a result of government restrictions.
To be eligible for the subsidy, a company had to earn a minimum of 25% of its pre-pandemic sales.
Those limits have since been modified, allowing businesses to participate in the programme even if they leave their doors open to customers and earn up to 40% of pre-pandemic sales.
Warehousing of Tax Debt
If enterprises have been badly impacted by COVID-19 regulations, tax debt warehousing allows them to defer payment of their VAT and payroll tax due.
This programme was set to finish on December 31, 2021, however it has now been extended to 2022.
Our experienced staff can assist you
TAS Consulting Limited has a long and successful consulting track record. We’ve been assisting Irish businesses through challenging times for many years.
Our expertise unites a cross-departmental team of specialists to provide our clients with the best results possible.
- Please call +353 1 442 8230 for more information and a free and confidential consultation with our member, or complete our Contact Form and a member of our team will contact you within 24 hours.
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