Dáil Éireann Debate, Thursday - 24 November 2022
174. Deputy Jim O'Callaghan asked the Minister for Finance when the new temporary business energy support scheme will be operational and open for applications; and if he will make a statement on the matter. [58617/22]
Amharc ar fhreagraDetails of the new Temporary Business Energy Support Scheme (TBESS) are set out in Finance Bill 2022. The scheme will provide support to qualifying businesses in respect of energy costs relating to the period from 1 September 2022 to 28 February 2023 and will be available to tax compliant businesses carrying on a trade or profession the profits of which are chargeable to tax under Case I or Case II of Schedule D where they meet the eligibility criteria.
The TBESS is subject to State aid approval. It is expected that the scheme, which will be administered by the Revenue Commissioners, will be open for registration on the weekend of 26 November, and for claims from the week commencing 5 December. Subject to State aid approval being received, payments will be made following the enactment of the Finance Bill later in December.
