Business News
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…
Library of Knowledge No. 23 Our clients should all take note of the amendments to the COVID-19 Temporary Wage Subsidy Scheme: Re: Extension. The Government recently announced the COVID-19 Temporary Wage Subsidy Scheme will remain in place until the end of August ’20. Further updates will be advised. Re: Widened. The scheme has also been widened…
Library of Knowledge No. 22 Enterprise Ireland – COVID-19 Business Response. We are all aware that there are substantial supports available from Revenue, Local Enterprise Offices plus financial institutes. All of which have been covered in earlier issues of our ‘Library of Knowledge.’ Today, we are focusing on the supports available through Enterprise Ireland. Extract…
Library of Knowledge No. 21 Another assistance offered by the government is the ‘Trading Online Voucher Scheme’ this is aimed at existing or new businesses to allow more effective online sales post COVID-19. It offers financial assistance of up to €2,500 with co-funding of 10% from the business* along with training and advice to help your business…
Library of Knowledge No. 20 Revenue have confirmed the ‘COVID-19 Tax Period’ as January 2020 to June 2020 inclusive. Businesses impacted by the COVID-19 pandemic have the opportunity to avail of the following arrangements: Defer payment of taxes for the ‘COVID-19 Tax Period’ plus 2 months after reopening, if applicable. During this period all tax…
Library of Knowledge No. 19. Announced 15th May 2020 – Government approves details of Restart Grant for Small Businesses. The Government announced details of the new €250m Restart Grant, which will give direct grant aid to micro and small businesses to help them with the costs associated with re-opening and re-employing workers following COVID-19 closures.…
Library of Knowledge No. 18. As we all prepare to return to work our responsibilities as employers have increased considerably. Last Saturday 9th May 2020 Government issued the ‘Return to Work Protocol’, this is a COVID-19 Specific National Protocol for Employers and Workers. This document is a result of a collaborative effort by the Health…
Library of Knowledge No. 17 The Government’s Roadmap for Reopening Society and Business was published last Saturday 2nd May `20. This will allow us to work towards kick starting the economy. In conjunction with this publication additional supports announced to support Businesses Impacted by COVID-19. These supports aim to boost businesses to restart, reconnect and…