News

What is the Apprenticeship Incentivisation Scheme? The Apprenticeship Incentivisation Scheme provides financial support for apprenticeship employers who take on apprentices on all national apprenticeship programmes. Apprenticeship employers are eligible for a €3,000 payment for each new apprentice who is registered between the period 01 March and 30 June 2021. €2,000 per apprentice is payable at […]

The Government announced a new scheme that targets businesses currently ineligible for CRSS and other sector-specific grants.   Leo Varadkar’s statement says it’s to help “some businesses that aren’t eligible for existing grants, largely because the premises they operate from have not been closed to the public” and he includes wholesalers, suppliers, caterers, office-based businesses, […]

The Tourism Business Continuity Scheme will provide support to providers of certain tourism services who have been unable to qualify for assistance under the Government’s Covid Restrictions Support Scheme (CRSS). It is designed to help these tourism businesses offset their fixed costs incurred last year and support them to continue operating through 2021. The first phase of the Tourism Business […]

The revenue guidance document on the Covid Restrictions Support Scheme (CRSS) which gives an overview of the scheme and some examples has been updated. crss-overview-and-examples The main eligibility criteria:  where, as a result of the restrictions under Level 3, 4 or 5, a business has been required to temporarily shut their premises or operate at […]

Revenue have issued guidance on the Employment Wage Subsidy Scheme which replaces the Temporary Wage Subsidy Scheme.  The level of subsidy is dependent on normal gross pay and can apply to new employees. To see guidance: Click here Updated rates of subsidy: Gross weekly pay less than €151.50                […]

The 2021 Budget focuses on dealing with the fallout from Covid19 including further measures being introduced to support businesses through these unprecedented times, stimulate economic growth and strengthen the Health Service and it also provides for the possibility of a no-deal BREXIT. The full detail of Minister Donoghue and Minister McGrath’s speeches can be accessed […]

Revenue have issued a guide to the taxation measures announced by the Government in the July Jobs Stimulus package.  This guide covers: “Debt Warehousing” with regard to VAT and Employer liabilities (PAYE etc) accrued during the restricted trading period caused by Covid-19 are parked on an interest-free basis for 12 months subject to certain conditions. […]

Businesses need to plan ahead for re-opening in line with the Return-to-Work-Safely-Protocol issued by the government. Some useful information, templates and checklists regarding getting ready to re-open and bringing employees back to work can be found on the Health & Safety Authority website. https://www.hsa.ie/eng/topics/covid-19/return_to_work_safely_templates_and_checklists/return_to_work_safely_templates_and_checklists.html

Our Director, Norman Deacy has reviewed the sources of finance put in place for businesses impacted by Covid 19:   In these current unprecedented times, businesses in Ireland are facing several potentially significant challenges. Therefore, it is vital for businesses to plan and adapt accordingly. Consequently, cash flow will be a common issue and access […]