Written answers

Monday, 9 September 2024

Department of Enterprise, Trade and Employment

Business Supports

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail)
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463.To ask the Minister for Enterprise, Trade and Employment the position in relation to entitlement to the increased cost of business grant in a circumstance where the business has rates arrears with the local authority but is engaging positively with the local authority on the issue; and if he will make a statement on the matter.[34322/24]

Photo of Peter BurkePeter Burke (Longford-Westmeath, Fine Gael)
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The Increased Cost of Business Scheme has now closed for registrations. Over 81,000 businesses have registered for this grant scheme. The scheme has a budget of €257 million and as of 6th September, €223 million has been paid in grant payments to verified eligible businesses. Local Authorities are continuing to process payments once business details have been verified.

In relation to rates arrears, a business must be rates compliant, however, a business in a performing payment plan agreed by the Local Authority may be deemed to be compliant. This is a matter for the Local Authority as they are best placed to understand the specific circumstances in relation to the arrears.

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