Covid Restriction Support Scheme
Dear All
Just a quick note in relation to Government's Covid Restriction Support Scheme
There is a grant that you can apply for, subject to certain terms and condition.
It's called the Covid Restrictions Support Scheme. To qualify you must
1. Have been closed due to Level 3 restrictions or higher
2. Turnover less than 25% of turnover for 2019
3. Applies from the period 13/10/2020 to the 31/3/2021
4 Calculated based on 10% of the 1st €1m of VAT Excluded turnover. 5% thereafter up to a cap of €5k per month.
For a general overview on the scheme see the article in the Irish Times
Irish Times Article https://www.irishtimes.com/business/economy/government-s-business-support-scheme-to-cost-80m-a-week-1.4398202
For greater details on how to apply and what exactly it covers see the link below to Revenue website, which gives some very good case studies/examples of different companies and scenarios around what you might qualify for.
Revenue Guide https://revenue.ie/en/corporate/press-office/budget-information/2021/crss-guidelines.pdf
For Further help or assistance on the above you can contact me via my website www.keithdarcy.ie
