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New Guidelines released on Covid Restrictions Support Scheme (CRSS)
This week the Revenue Commissioners published guidelines on the operation of the Covid Restrictions Support Scheme (CRSS). CRSS will be operated by the Revenue Commissioners and businesses will soon be able to register for the scheme on ROS.
The scheme is available to affected self-employed individuals and companies who carry on a trade or trading activities, from a business premises located wholly within a geographical region for which COVID-19 restrictions are in operation.
To qualify for the scheme, a business must be able to demonstrate that, because of the Covid restrictions, the turnover of the business in the period for which the restrictions are in operation, and for which a claim is made, will be no more than 25% of the average weekly turnover of the business in 2019.
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Please do not hesitate to contact me at the email address below or phone our Tax Team if you need any assistance registering or claiming CRSS.
Keep safe, take care of yourselves, your family and work colleagues in the current very challenging circumstances.
For More information on claiming CRSS.
