The Government has announced packages of assistance to sectors of industry and commerce that have been most badly affected by Covid-19. Manufacturing and international services A €180m Sustaining Enterprise Fund for firms with 10 or more employees in the manufacturing and international services sectors to be operated by Enterprise Ireland, providing advances of up to €800,000 […]

A variety of other supports for businesses affected by COVID-19 have been made available by the State and State agencies. Pandemic Stabilisation and Recovery Fund A €2 billion Pandemic Stabilisation and Recovery Fund within the Ireland Strategic Investment Fund (ISIF), will make capital available to medium and large companies on commercial terms. You can get […]

The Government has introduced a number of measures to assist businesses reduce their operational costs. Waiving of commercial rates Rates due to local authorities from the most immediately impacted businesses – primarily in the retail, hospitality, leisure and childcare sectors, are waived (previously deferred) for a 3 month period beginning on 27 March for businesses that […]

In light of the Government’s recent financial measures implemented for businesses, we have summarised below some practical steps businesses may take to improve VAT cash flow. Deferral of VAT liability and acceleration of VAT refunds Revenue has indicated that interest will be suspended in relation to the late payment of the January February and March […]

The uncertainty faced by businesses around the world will test even the greatest managers and leaders. Communicate and then communicate some more Uncertainty produces anxiety throughout your team, other employees, your firm’s customers, suppliers and investors. Silence is not an option as that is often interpreted as bad news. As such, it is essential to […]