June 22, 2024
Business News

Cheers! Kilkenny pubs and restaurants urged to claim enhanced funding

Kilkenny restaurants and pubs who reopened for indoor dining again from today have been urged to make a claim for enhanced support funding.

As of the plan to return to reopen hospitality, pubs and restauarants are entitled to make a claim for
an enhanced restart Covid Restrictions Support Scheme (CRSS) payment.

The restart payments are provided for in the Finance (Covid-19 and Miscellaneous Provision) Act, which was signed into law on July 19.

Businesses who qualified for CRSS that are reopening after 2nd June are eligible for an enhanced ‘restart week’ payment, which will cover a period of three weeks at double the normal rate. This will assist them with the additional costs of reopening.

Finance Minister Paschal Donohoe said: ‘The CRSS has proved to be a significant support for businesses that were affected by public health regulations, which meant that they had to restrict access to their premises. The Act gives enhanced support to these businesses on reopening and I would encourage them to apply for the triple week payment at double the normal rate.”

The minister added: ‘It is great to see the number of businesses that were supported throughout the period of restricted access now reopening and no longer needing access to CRSS for support. A total of €655 million has been paid to businesses under the CRSS since its introduction in the Budget last year. The weekly amount being paid is now reducing significantly as businesses reopen’.

“The Government and I have always committed that there would be no cliff edge to supports. Businesses that are no longer eligible for CRSS because they have reopened have the withdrawal of this support eased by the enhanced payments on reopening. I see this as part of the gradual unwinding of business supports, which will progressively return our public finances to a sustainable position while supporting the economic recovery.”

For more information, visit: https://www.revenue.ie/en/self-assessment-and-self-employment/brss/index.aspx .


Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *