The Government has introduced a new additional business support scheme (Business Resumption Support Scheme or BRSS) for businesses with reduced turnover as a result of public health restrictions.
Businesses whose turnover is reduced by 75% in the reference period (1 September 2020 to 31 August 2021) compared with 2019 will be eligible. The scheme will not be restricted by location, rate-paying or physical premises.
Businesses who previously availed of other schemes such as SBASC/the Tourism Business Continuity Scheme/CRSS will be eligible to apply provided they meet the qualifying criteria.
The BRSS will be administered by Revenue and will operate in a similar way to CRSS but is a one-off payment. Applications under the scheme may be made between early September 2021 and 30 November 2021.
Further guidelines on the operation of the scheme can be found on the Revenue website: https://www.revenue.ie/en/self-assessment-and-self-employment/documents/brss-guideline.pdf