Dáil Éireann Debate, Tuesday - 21 May 2024
260. Deputy Brendan Griffin asked the Minister for Enterprise, Trade and Employment if a late increased cost-of-living business grant application will be taken from a business in County Kerry (details supplied); and if he will make a statement on the matter. [22583/24]
View answerThe Government is very aware that SMEs have faced a number of economic shocks in recent years which have resulted in cost increases.
On May 15th, I, along with my Government colleagues, announced a substantial range of measures to reduce costs for small and medium sized businesses.
Included in these measures was the reopening of the ICOB portal from 15th May to 29th May, in order to allow rate paying business owners who have not registered to do so. We have received feedback that the process of registering is simple and quick.
As part of re-opening the ICOB scheme and given the greater impact that increased costs are having on the hospitality and retail sector, as noted in the DETE-DSP joint working paper titled ‘An Assessment of the Cumulative Impact of Proposed Measures to Improve Working Conditions in Ireland’, it has been agreed that business operating in these sectors will receive a second payment for approved businesses or a double payment for new registrations under this scheme.
