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CRSS

CRSS Overview Introduced as part of Budget 2021, the Covid Restrictions Support Scheme (CRSS) is a weekly rebate of up to €5,000 for businesses closed at level 3 or higher effective from 13 October 2020 until 31 March 2021. The scheme is designed to be a lifeline to those whose businesses have been severely impacted or temporarily closed due restrictions imposed by the Government’ Living with Covid Plan 2020 – 2021. Generally, the scheme will operate when level 3 or higher is in place and support will cease as soon as restrictions are lifted. CRSS Registration Now Open Registration for CRSS is a necessary first step for businesses to access CRSS. A claim portal for the CRSS is available via the eRepayments system on ROS from 17 November 2020. It…

Stay & Spend Scheme

The ‘Stay and Spend’ scheme allows for individuals to receive up to €125 back on their bills in hotels, restaurants, pubs and in other hospitality businesses, in Ireland. For a couple, this is doubled to a maximum of €250. The bill must be incurred between 1 October 2020 and 30 April 2021 and certain terms and conditions must be satisfied. This new ‘Stay and Spend’ Scheme was introduced by government as part of the July Jobs Stimulus package and is aimed at stimulating sales in the hospitality sector during the off-peak season. For hospitality businesses to participate in the scheme they must register as a ‘Qualifying Service Provider’ (QSP) with Revenue before 1 October 2020, registration for the scheme is now open. What relief is available? The relief is in…

Covid-19

BMH are here to assist all our clients during this difficult time.  Please do not hesitate to contact us for advice on dealing with Revenue or the Financial Institutions. We can also advise on Government supports particularity around employees. You are not alone,  our Partners are here to help. Contact 01-6619142 or email us directly.