Dáil Éireann Debate, Thursday - 10 December 2020
200. Deputy Brendan Howlin asked the Tánaiste and Minister for Enterprise, Trade and Employment if there are additional Covid-19 supports available for companies in the position of a company (details supplied) in County Wexford; and if he will make a statement on the matter. [42564/20]
View answerI am keenly aware that businesses are making a massive sacrifice to protect their communities and I am committed to ensuring that the Government will offer as much assistance and support as possible.
My Department has worked to ensure that appropriate supports are in place for businesses as they develop their response to impacts arising from COVID-19. Details of the wide range of supports available are noted on my Department’s website at https://dbei.gov.ie/en/What-We-Do/Supports-for-SMEs/COVID-19-supports/
Budget 2021 provided a significant package of tax and expenditure measures to build the resilience of the economy and to help vulnerable but viable businesses across all sectors. We are providing for an extension of the tax warehousing scheme to include repayments of Temporary Wage Subsidy Scheme funds owed by employers and preliminary tax obligations for adversely affected businesses.
In Budget 2021, the Government announced the provision of support of €50m for the live entertainment sector. This will include measures for the commercial entertainment sector and will support live entertainment across the country. The 2021 supports for the live entertainment sector will be the subject of further consultation with stakeholders. It will also be informed by the pilot live performance scheme in 2020 which is being rolled out now.
My colleague, Minister Catherine Martin T.D., Minister for Media, Tourism, Arts, Culture, Sport and the Gaeltacht, may be able to provide more specific details on these supports for the entertainment sector, for which she has lead responsibility.
These measures are in addition to the July Stimulus €7bn package of enterprise measures, which includes the Wage Subsidy Scheme extended through 2021, the Pandemic Unemployment Payment, grants, low-cost loans, write-off of commercial rates and deferred tax liabilities, all of which will help to improve cashflow amongst self-employed.
I acknowledge the issue arising whereby businesses might not be eligible for the CRSS or other measures announced in the budget, such as the €50 million fund for live entertainment. I have asked my officials to conduct work along with officials from the Department of Finance and the Department of Tourism, Culture, Arts, Gaeltacht, Sport and Media, regarding how many businesses might be in this position and to report back to me with proposals.
