Government to consider supports for businesses excluded from CRSS

Feb 01, 2021

Last week, the Minister for Finance, Paschal Donohoe TD, put forward a resolution to legislate for Covid Restrictions Support Scheme (CRSS) enhanced payments for businesses forced to restrict access to their premises over the Christmas period. The fact that many businesses are excluded from the CRSS was raised during the Dáil debate and the Minister confirmed that officials are considering supports for excluded businesses.

The resolution approved an order to increase the levels of payment under the scheme to 20 percent of average 2019 turnover up to €20,000 and to 10 percent of turnover above that amount for the three weeks beginning 21 and 28 December and 4 January.

The fact that certain sectors such as wholesale businesses and restaurant suppliers are excluded from the CRSS was debated in the Dáil. Opposition parties noted that the scheme costs to date are less than one quarter of what was budgeted. The Minister recognised that a significant number of businesses are ineligible for the scheme but did not propose any significant amendments to the CRSS.

The Minister said that the Tánaiste has asked his officials to look at what additional supports should be provided to businesses that are not eligible for the CRSS. 

The latest CRSS statistics show that 19,000 businesses have registered 22,000 premises for the CRSS. 58,300 claims for CRSS payments of €244.2 million in respect of 20,100 premises have been made. The value of the payments are 84 percent to corporation tax registered businesses and 16 percent to income tax registered businesses.

Further information on the Dáil motion put forward on the CRSS is available through gov.ie.