Business News
Library of Knowledge No. 29. As announced on 23rd July in the July Stimulus Package, the Temporary Wages Subsidy Scheme (TWSS) will be replaced by the Employment Wages Subsidy Scheme (EWSS) from 1st September 2020 and is expected to continue to 31st March 2020. Qualifying Criteria for Employers. To qualify for the scheme, you must…
One of the challenges we face in growing our economy is the limited size of our domestic market. Ireland’s entry into the then EEC in 1973, and subsequent adoption of the euro in 2002, opened the door to a large and developed marketplace. As the EU has progressed and expanded the four freedoms – goods, […]
HOUSING Minister Darragh O’Brien has signalled that couples who have a gross combined income of more than €75,000 will be eligible for a new affordable homes scheme. He also told the Dáil that he intends the guide price for such housing to be between €160,000 and €260,000 as he clashed with Sinn Féin’s Eoin Ó […]
Consumer sentiment continues to lag behind business confidence, fresh data from Bank of Ireland suggests. Bank of Ireland’s regular ‘Economic Pulse’ combines business and consumer elements to track sentiment in the economy month to month. The index was up 5.5 on last month but down 21.0 compared with a year ago. Business confidence has risen […]
Library of Knowledge No. 28 Government launches €7.4bn Jobs Stimulus to help businesses re-open, get people back to work and promote confidence. The July Jobs Stimulus, a €7.4bn package is designed to stimulate a jobs-led recovery and build economic confidence while continuing to manage the impact of Covid-19. The priority of the Government remains the…
Library of Knowledge No. 27 The Lean Business Continuity Voucher – Overview The Lean Business Continuity Voucher is available to eligible companies to access up to €2,500 in training or advisory services support related to the continued operation of their businesses during the current pandemic. The voucher may be used to obtain services from approved…
Library of Knowledge No. 26 The purpose of the Competitive Start Fund is to accelerate the growth of start-up companies that have the capacity to succeed in global markets. The fund is designed to enable those companies to reach key technical and commercial milestones. Applications are considered on a competitive basis. Funding is provided to…
Library of Knowledge No. 25. Revenue are conducting a programme of compliance on all employers who availed/are availing of the COVID-19 TWSS. This program has commenced and all employers should check their ROS Inbox on a daily basis. The document received must be completed and returned within 5 days. It is essential that employers respond…
The Dáil has agreed to spend at least another €2.5 billion on health and business supports due to the Covid-19 pandemic. Minister for Health Stephen Donnelly confirmed that an additional €2bn was required to pay for health services this year, bringing the department’s revised spending estimate for 2020 to almost €20bn. The estimate has increased by upwards of […]
Library of Knowledge No. 24 We are currently supporting our clients with post COVID-19 services to assist in the Future Proofing of their businesses. These services include: Cashflow Forecasting. Cost Analysis and Control. Margin Reviews (on products and services). Cost Projections and Budgeting. Business Plan Options: 6 month, 3 year or 5 year. MicroFinance Loan…