The government has agreed a range of measures with the aim of reducing costs for small and medium sized businesses. Key measures include:
- Reopening the Increased Cost of Business (ICOB) Scheme until 29 May;
- Introducing a second payment of ICOB for businesses in the retail and hospitality sectors;
- Doubling the Innovation Grant Scheme to €10,000; and
- Increasing the maximum amount available under the Energy Efficiency Grant Scheme to €10,000 and reducing the business contribution rate from 50% to 25%.
Find out more about the Government’s support measures here.
For more information on Increased Cost of Business and registration, please visit icob.ie.
