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Companies (Rescue Process for Small and Micro Companies) Bill 2021: Second Stage (2 Jul 2021)

Michael Fitzmaurice: ...be someone to object to it. We have to get that situation sorted. In fairness to many of the councils throughout the country, it was a good idea to incentivise people to set up a new business 5 km or 10 km from an existing business by way of an exemption from rates for a few years. I recall bringing that up in Galway County Council during my time as a councillor there. We need to make...

Companies (Rescue Process for Small and Micro Companies) Bill 2021: Second Stage (2 Jul 2021)

Catherine Murphy: ...by the pandemic, but it is something that was needed in advance of it. We know that SCARP will be available to all small and micro companies, those which have a turnover of less than €12 million, a balance sheet of less than €6 million, and where the number of employees does not exceed 50. This covers 95% of companies in Ireland. It has already been stated that it involves...