‘Significant package of measures already introduced in Budget 2021’
Sligo News File
Minister of State for Enterprise and Trade was asked by Sligo-based TD and former MEP Marian Harkin if he would consider a “once-off grant to the hair and beauty business.”
Damian English replied that “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 was introduced in Budget 2021.”
The measures included the Employment Wage Subsidy Scheme, now extended until the 30th of June, the Pandemic Unemployment Payment, the COVID-19 Restrictions Support Scheme, and the Small Business Assistance Scheme for COVID, low-cost loans, the deferral and warehousing of tax liabilities and the waiver of commercial rates.
The Covid-19 Restrictions Support Scheme, had he said “provided vital support to businesses that have been forced to close or restrict access to their premises on foot of public health regulations. As we slowly and carefully start to reopen the economy, the Government has agreed to the extension of the CRSS until 30th of June 2021.
“There is provision in the CRSS for a “restart week” which allows a business to claim for an extra week upon reopening after restrictions are lifted, which will be of particular benefit as businesses start to re-open.”
The Government, he added, “is committed that there will be no cliff-edge end to the economic supports at the end of June. Government recognises that re-opening will be costly and will pose new challenges that will need to be sustained by continued supports and corrective measures to get the balance right between supporting recovery and cost to the Exchequer, and plans for this are currently in development.”