Michael McGrath (Cork South Central, Fianna Fail)
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It should be noted that for a business to reach the €10,000 cap, it would have to have seen its costs for the relevant month in the claim period increase by more than €25,000 when compared to the same month in the prior year. Given that recent data show that less than 0.9% of businesses have bills in excess of €35,000, it is very unlikely that many will be subject to the cap and, in truth, that is the experience.

It is very unlikely that many businesses will be subject to the cap and that is the experience we have at present.