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Business Supports

Dáil Éireann Debate, Monday - 9 September 2024

Monday, 9 September 2024

Questions (463)

Michael McGrath

Question:

463. Deputy Michael McGrath asked 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]

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Written answers

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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