Confusion around eligibility and the winding down of schemes is confusing many businesses. But a new guide should help put businesses on the right path.
Business owners are being urged to make sure they are not missing out on Irish Government supports still available to them with the next phase of the roadmap approaching fast.
TaxAssist Accountants, an accountancy network for SMEs, has launched a free, consolidated, guide that brings together all of the remaining supports, including their planned end dates.
“Business owners are busy re-establishing their businesses and they don’t have the time to spend online researching the latest updates from each Government agency”
The guide is available to download for free online at www.taxassist.ie and is available via TaxAssist’s app. TaxAssist’s dedicated Covid 19 https://www.taxassist.ie/covid-19 hub is also updated weekly with new information.
The document acts as a practical checklist for business owners who want to ask themselves; am I still getting all the supports I could be getting?
“The key thing to say is the support is there so don’t miss out,” said TaxAssist Accountants’ managing director Alison McGinley.
“Business owners are busy re-establishing their businesses and they don’t have the time to spend online researching the latest updates from each Government agency. Add to that the fact that some information on the internet is now out of date and you can see how there is confusion.”
The guide breaks down the various financial supports, including Employment Wage Subsidy Scheme, Covid Restrictions Support Scheme, the Business Resumption Support Scheme and the Covid-19 Deferred Payment Arrangement.
It also contains links to various grants and loan schemes.
It outlines the purpose of each scheme, who it is eligible for and how long it will remain in operation.
“If you want to see at a glance what might apply to you, how much you can get and how you go about applying step by step then this is the guide for you,” said McGinley.