Niamh Smyth (Cavan-Monaghan, Fianna Fail)
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562.To ask the Minister for Enterprise, Trade and Employment for a list of the supports currently available to businesses with the rising cost of running a business, particularly those in the hospitality sector, which has seen a number of closures recently; and if he will make a statement on the matter. [32226/24]

Peter Burke (Longford-Westmeath, Fine Gael)
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The Government is acutely aware that businesses in all sectors, including the hospitality sector, are concerned about the impact of rising costs.

The increased cost of business, ICOB, grant was introduced in Budget 2024 package to help businesses with their increasing overheads. Local Authorities are administering the ICOB scheme on behalf of the Department and the priority is to get payments to businesses as soon as possible.

In total, as of 22 July, there have been 72,719 registrations representing 81,650 businesses. With almost €166m already having been paid out to over 67,000 businesses. This amounts to €139m to businesses as a first payment, and over €26m to businesses in the hospitality and retail sectors in second payments.

A further range of measures are being brought forward to assist businesses. These measures include:

• We have increased the maximum amount available under the Energy Efficiency Grant Scheme to €10,000 and reduced the business contribution rate from 50% to 25%. Applications are open since 12^thJuly.
• Changes are currently being incorporated to widening eligibility for the Trading Online Voucher, extending it to all sectors, including retail and hospitality, up to 50 employees, modernise eligible expenditure and doubling the grant to €5,000. We are also widening eligibility for the Digital for Business Consultancy Scheme and extending it to all sectors, including retail and hospitality, with up to 50 employees.
• Increasing the lending limit for Microfinance Ireland loans to €50,000 from €25,000.
• I launched a new online National Enterprise Hub for SMEs to access information on the wide range of Government business supports on the 10^thof July. It can be accessed at www.neh.gov.ieand signposts to over 180 different Government service or supports ranging from EI and LEOs to the SEAI and Bord Bia.
• Implementing an enhanced SME Test by the Department of Enterprise, Trade and Employment in conjunction with the Department of the Taoiseach. My Department will shortly issue new guidelines on the SME Test and will work with other Departments to ensure the SME Test is an integral part of policy making.
• The removal of the €125 fee for tables and chairs for the purpose of outdoor dining by S.I 196 of 2024 - Planning and Development (Street Furniture Fees) Regulations 2024, which has been signed by Minister O’Brien.
• The Minister for Social Protection will increase the employer PRSI threshold from €441 to €496 with effect from 1 October 2024. This will ensure that employers with employees working full time on the national minimum wage will not be required to pay the higher rate of employer PRSI of 11.05% and will instead pay the lower rate of 8.8%.
• Ensuring that the employer PRSI threshold is explicitly considered as part of the Low Pay Commission deliberations and is reviewed on each occasion that the minimum wage is increased.
• Review the proposed Roadmap for Increasing Minimum Annual Remuneration Thresholds for Employment Permits, which is ongoing.