Oireachtas Joint and Select Committees

Wednesday, 29 November 2023

Select Committee on Jobs, Enterprise and Innovation

Estimates for Public Services 2023
Vote 32 - Enterprise, Trade and Employment (Supplementary)

Photo of Simon CoveneySimon Coveney (Cork South Central, Fine Gael)
Link to this: Individually | In context | Oireachtas source

We are not itemising individual costs and trying to give a compensation payment for each. We are recognising that the cost of business has increased somewhat, for good reason, to ensure work pays and that conditions in workplaces are as they should be. That has a cost and implication for businesses. The Government heard that from businesses, which is why we are giving €250 million back to the vast majority of businesses as a recognition of that and to give them a hand in the first quarter of next year with a cash flow injection.