Oireachtas Joint and Select Committees

Wednesday, 21 October 2020

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

Budget 2021 Support Measures for Enterprise: Department of Enterprise, Trade and Employment

Mr. Declan Hughes:

The CRSS was launched as part of budget 2021. It is a significant new initiative that is open to companies and the self-employed, who are operating from a premises. The scheme will be operated through the Revenue system. It is almost a successor to the restart grant scheme and provides support of up to €5,000 per week. Essentially, we see it as very beneficial in terms of covering the operating costs for businesses and ensuring that they can sustain their activities. Businesses can apply through the Revenue online system, ROS, so it will be very efficient from that perspective. The claims process will be available from mid-November. Revenue and the Department of Finance have given a number of examples, many of them focused on the hospitality sector, the tourism sector and other sectors, so they would be direct beneficiaries.

We can follow up on the detail of the specific case Deputy O'Reilly mentioned, but essentially, if the business is operating from a premises and if the turnover is no more than 20% of the weekly turnover from the previous period-----

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