Supports available to business effected by the COVID-19 outbreak

Business today are faced with an unprecedented challenge due to the Corona virus. 

In these difficult times, please note that there is help available, in particular in relation to cash flow difficulties. 

The Government have introduced an emergency fund to offer cheap loans to businesses and also The Revenue Commissioners have been pro-active in issuing a statement to encourage business owners to get in touch early, and they will allow phased payment of taxes (via instalment agreements). Please see the links below. 

Minister announces financial supports for business impacted by COVID-19
https://dbei.gov.ie/Djei/en/News-And-Events/Department-News/2020/March/10032020.html

Statement from the Revenue Commissions for people facing Tax payment difficulties
https://www.revenue.ie/en/corporate/press-office/press-releases/2020/pr-100320-engage-early-with-revenue-key-advice-to-businesses-experiencing-tax-payment-problems.aspx

Employees
In relation to obligations as an employer, we are being kept well informed by our HR advisors Adare HRM. Please see www.adarehrm.ie  latest HR news articles – it provides a comprehensive summary of your obligations as an employer. However, as they outline, every situation is different, so please refer to your contracts of employment and practice. 

If you need assistance with any of the above please do not hesitate to contact us. We are currently working from our office here in Rathfarnham, and have a number of staff working remotely in preparation of any further escalation, so we are all still available to you and intend to be going forward. 

Keep healthy and safe.