Oireachtas Joint and Select Committees

Wednesday, 16 November 2022

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

Issues Facing Small Businesses: Discussion

Mr. Vincent Jennings:

At the moment, we have a scheme that is not operational as of yet and will take more time. Every day, people are paying money and paying the full amount or part of the amount so they are depleting their resources. We do not know how quickly Revenue will be able to return this. We have great faith in Revenue in many respects. It ran a marvellous campaign in returning moneys from the TWSS and others. We do not know yet. There may well be problems because people have answered questions incorrectly and so on. There will be more problems relating to that cash flow. We would like to see it acknowledged that where bills were greater than 50% from March or April, those people will be accommodated as well. That is important. Those are the people suffering most because they have had to endure six months of these additional costs. There are people who have expended all their money in the hope that something will be coming through and money has not come through yet because the scheme is not in operation yet.