Covid 19

Employee Wage Subsidy Scheme(EWSS)

February 10, 2021 Covid 19 0 Comment

Qualifying criteria from January 2021 From 1 January 2021, the period to be reviewed to determine eligibility for EWSS will be 1 January to 30 June 2021. The reduction in turnover or customer orders (30%) between 1 January and 30 June 2021, is shown compared to the: • same period in 2019, where ...

Covid Finance Options

September 23, 2020 Covid 19 0 Comment

Finance Options Credit Guarantee Scheme: The Credit Guarantee Scheme supports loans up to €1 million for periods of up to 7 years. Applications can be made to AIB, Bank of Ireland and Ulster Bank. Eligibility criteria apply. Credit Guarantee Scheme for COVID-19 FAQs COVID-19 Business Loans [lending through this scheme ...

Revenue 3% Instalment arrangement for pre Covid tax debt

September 23, 2020 Covid 19 0 Comment

Revenue 3% Instalment arrangement for pre Covid tax debt As part of the Business and Community Stimulus package, the Government announced a reduced interest rate of circa. 3% per annum on non-COVID-19 related tax debts. Taxpayers who enter into an agreement with Revenue no later than 30 September 2020 can avail of the ...

Employee Wage Subsidy Scheme(EWSS)

September 23, 2020 Covid 19 0 Comment

Employee Wage Subsidy Scheme(EWSS) The EWSS which started from September 1st  last. It is based on the following criteria:  1.            projected turnover from July to December 2020 being down by 30%.  2.            each months actual turnover is then ...

Business Restart Grant

September 23, 2020 Covid 19 0 Comment

Business Restart Grant The new and improved Restart Grant(Rates rebate) has a closing date of September 30th next. Applications are to be made online through your local council.

July Stimulus Package

  See summary below. We have also updated our summary of available finance and income supports. Click here a new Employment Wage Support Scheme will succeed the Temporary Wage Subsidy Scheme, and run until April 2021 0% interest for first year of SME loans Restart Grant(Rates rebate) for businesses is being ...

Updated : Covid19 finance and income supports

Finance Options Credit Guarantee Scheme: The Credit Guarantee Scheme supports loans up to €1 million for periods of up to 7 years. Applications can be made to AIB, Bank of Ireland and Ulster Bank. Eligibility criteria apply. Credit Guarantee Scheme for COVID-19 FAQs COVID-19 Business Loans [lending through this scheme ...

Small Business Recovery Plan

Small Business Recovery Plan See link below to the small business recovery plan. This initiative is chaired by John Moran, former secretary general of the Department of Finance and is a platform for developing a national recovery plan for the small business sector. The plan focuses on the key policy interventions ...

Update from Revenue re tax liabilities

Update from Revenue re tax liabilities Revenue plan to ‘warehouse’ businesses’ VAT and Payroll tax liabilities. The measure is to apply to businesses in sectors of the economy who have been negatively impacted by COVID-19. This is part of the range of economic measures announced by the Minister for Finance recently. See ...

Update on Temporary Wage Subsidy Scheme

See link below updates to the Temporary Wage Subsidy Scheme(TWSS). Previously any employees rehired are eligible for the scheme. Please note that employees who are rehired after the 1st May might not be eligible for the Temporary Wage Subsidy Scheme. On Monday 4th May the (TWSS) will switch over from what is ...

Little About Us

Joe Cunnane Practice Owner TRA Professional Services       Qualifications:  FCA Chartered Accountant & AITI Chartered Tax Advisor Joe has over 20 years experience working in both private practice and industry ... Read More »