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New Business Resumption Support Scheme announced 30 November 2021

RMcH states: The Government has recently announced, as part of the economic recovery, a new support for vulnerable but viable business, the Business Resumption Support Scheme (BRSS).

Businesses whose turnover is reduced by 75% in the reference period (1 September 2020 to 31 August 2021) compared with 2019 will be eligible.

The scheme will not be restricted by location, rate paying or physical premises.

It is expected that there will be a limited number of such businesses and recognised that it is important that such businesses are supported.

Businesses who previously availed of other schemes such as SBASC and the Tourism Business Continuity Scheme for example as well as CRSS will be eligible to apply provided they meet the qualifying criteria. The BRSS will be administered by Revenue and will operate in a similar way to CRSS.

 

Source: www.gov.ie

 

 

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