The 9% reduced VAT rate for hospitality is to be extended until 1 September 2022. In addition, Fáilte Ireland will continue its support initiatives including through its Business Continuity Scheme or equivalent schemes. Arts: Government will consider a range of recommendations in relation to Arts and Culture,...
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The PUP will be phased out as part of a €3.5 billion Covid-19 stimulus plan unveiled by the Government earlier this week. The PUP will be extended beyond 30 June for existing claimants “in recognition that opportunities to return to work will remain impacted, in some...
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The EWSS will be extended beyond 30 June until 31 December 2021. Current payment rates will be maintained for Q3 (July, August, September 2021) at current turnover thresholds. To benefit more firms, the time period for assessment will be broadened from the current 6 month period...
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There have been significant changes to the CRSS. These changes are: It has been extended to 31 December 2021. For businesses reopening on or after 2 June 2021, there is now a provision for a “triple restart week”. Triple Restart Week Example A Hotel reopens on 2 June...
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The Economic Recovery Plan announced earlier this week sets out a new package of enterprise supports and extensions for the most impacted sectors, reaffirming the government’s commitment to taper supports off gradually. EWSS Extension of the Employment Wage Subsidy Scheme until 31 December 2021. See PSC...
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Revenue had previously confirmed that it was facilitating employers who wished to pay the 2020 income tax and USC liabilities of their employees arising from the TWSS. The previous deadline for such payments was 30 June 2021. Following representations, certain improvements have been agreed with Revenue. By...
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Thankfully, many businesses will be reopening this week. Businesses already claiming the CRSS will need to determine whether they will still be “significantly restricted” from allowing the public to have access to the business premises. If they are still restricted in this way, they should...
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Summary The Department of Enterprise Trade & Employment (DETE) has recently launched the Small Business Assistance Scheme for COVID (SBASC) which is intended to target those businesses with operating costs that do not qualify for the COVID Restrictions Support Scheme (CRSS) operated by the Revenue Commissioners. The eligibility criteria for...
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The Government has announced the extension of the following Covid support schemes until 30th June 2021: • Pandemic Unemployment Payment (PUP) • Employment Wage Subsidy Scheme (EWSS) • COVID-19 Enhanced Illness Benefit • Covid Restrictions Support Scheme (CRSS) • Suspension of redundancy provisions • Commercial rates waiver Many of these schemes were...
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We previously informed you of the availability to warehouse your tax debts associated with COVID-19. We outlined the following: The eligibility to warehouse COVID debts, The taxes which could be warehoused, How long the tax debts could be warehoused, and The interest rates that would...
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