TaxSource Total

Here you can access summary of the key current tax developments in Ireland, the UK and internationally as reported by Chartered Accountants Ireland

The report of key tax developments are displayed per year, per month, by Ireland, the UK or International and by report title

CRSS ‘Restart Week’ payment to assist businesses reopening

The Minister for Finance, Paschal Donohoe TD, announced an enhancement to the Covid Restrictions Support Scheme (CRSS). This enhancement allows businesses to claim an additional one-week payment. The restart week payment will be paid to businesses the week after restrictions lift. Claims for the restart week payment can be made through the existing two-step process on ROS; registering and completing a claim. Section 11 of Finance Bill 2020 will be amended to provide for the restart week payment.

Over €45.5 million in payments have issued through the scheme already, with payments issuing 2-3 days after a valid claim has been made.