Written answers
Thursday, 5 October 2023
Department of Finance
Business Supports
Niamh Smyth (Cavan-Monaghan, Fianna Fail)
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93. To ask the Minister for Finance if he will provide an update on a county basis of the number of businesses in Cavan, Monaghan, Sligo, Leitrim and Donegal that successfully applied for inclusion under the temporary business energy support scheme, in tabular form; the estimated value or worth of the support in each county; if he has plans for any other similar scheme in the near future; and if he will make a statement on the matter. [42870/23]
Michael McGrath (Cork South Central, Fianna Fail)
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The Temporary Business Energy Support Scheme (TBESS) was introduced to support qualifying businesses with increases in their electricity or natural gas costs arising from the Russian invasion of Ukraine. Finance Act 2022 (as amended) made provision for the TBESS.
The scheme provided support to qualifying businesses in respect of increases in their electricity or natural gas costs. The TBESS was available to eligible tax compliant businesses carrying on a trade or profession, the profits of which are chargeable to tax under Case I or Case II of Schedule D.
The claim period for TBESS was by calendar month from 1 September 2022 to July 31 2023. The final deadline for eligible businesses to submit claims for relief under the Temporary Business Energy Support Scheme (TBESS) was Saturday, 30 September 2023. The scheme is now closed.
Over €140 million has been paid out to 31,044 businesses across the country.
I am advised by Revenue of the registrations and claims for the businesses who availed of the TBESS for the following counties:
| County | Registrations Approved | Value of Approved Claims |
|---|---|---|
| €m | ||
| Cavan | 665 | 3,024,823 |
| Donegal | 1,316 | 4,589,265 |
| Leitrim | 261 | 578,218 |
| Monaghan | 637 | 2,646,916 |
| Sligo | 439 | 2,064,630 |
I am advised by Revenue that further TBESS statistics will be published on the Revenue website on 5 October 20223 at: www.revenue.ie/en/corporate/information-about-revenue/statistics/number-of-taxpayers-and-returns/cost-living.aspx
The TBESS was designed as a temporary measure and I do not have plans at this time to introduce a similar scheme.
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