Dáil Éireann Debate, Thursday - 30 March 2023
137. Deputy Brendan Smith asked the Minister for Finance if he will provide an update on the operation of the temporary business energy support scheme to date; the number of businesses in counties Cavan and Monaghan that have applied; the number of businesses in each county that were successful in their applications; the estimated value or worth of the support to date; and if he will make a statement on the matter. [15951/23]
Amharc ar fhreagraThe Temporary Business Energy Support Scheme (TBESS) was introduced to support qualifying businesses with increases in their electricity or natural gas costs over the winter months.
Details of the scheme are set out in Finance Act 2022. The scheme provides support to qualifying businesses in respect of energy costs relating to the period from 1 September 2022 to 30 April 2023. However, subject to State aid approval, this period is to be extended to cover energy costs up to 31 May 2023. It is 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
Businesses which are eligible for TBESS can register for the scheme via Revenue’s online service and comprehensive guidelines on the operation of the scheme are available on the Revenue website.
I am advised by Revenue of the following registrations and claims for the below counties as of 15 March, which is the date for which the most recent figures are available:
|
County |
All Registration applications |
Approved Registrations |
Value of Approved Claims (€m) |
|
Cavan |
583 |
577 |
1.21 |
|
Monaghan |
572 |
564 |
1.37 |
Further information on registrations and claims is available in the report published by Revenue (generally on a weekly basis) on its website at www.revenue.ie/en/corporate/information-about-revenue/statistics/number-of-taxpayers-and-returns/cost-living.aspx.
