Revenue published detailed guidance on the Covid Restrictions Support Scheme (CRSS). The CRSS is a targeted support for businesses significantly impacted by Government COVID-19 restrictions. A CRSS claim must be made no later than 8 weeks from the date on which the claim period commences. A claim period is a period during which Covid restrictions are in operation. In addition to fulfilling the specific conditions of the CRSS, a taxpayer must hold tax clearance and comply with obligations in relation to registering for and accounting for VAT.

The CRSS is considered a separate tax head and as such agents will need to organise a CRSS agent-link for their clients.

Chartered Accountants Ireland, under the auspices of the CCAB-I, clarified the following points with Revenue:

• Revenue will publish the business premises name and business premises address of the taxpayer making the claim
• A claim can be made for each premises of a business forced to close due to Government restrictions
• A claim can be made by taxpayers operating in a shared space.