The TBESS was introduced to support businesses with increases in their electricity or natural gas (energy) costs.
Your pharmacy business can make a claim under the scheme if it:
- is tax compliant;
- carries on a Case I trade or Case II profession:
- has experienced a significant increase of 50% or more in its electricity and/or natural gas average unit price.
Qualifying businesses can claim for 40% of the increases in their energy bills. The increase in energy bills must be between the ‘claim period’ and the ‘reference period’.
A claim period is a calendar month from September 2022 to February 2023. A reference period is the corresponding calendar month in the previous year. For example, September 2021 is the reference period for the September 2022 claim period.
The scheme is being administered by the Revenue Commissioners. Eligible businesses can register for the TBESS, via the e-Registration facility in Revenue’s Online Service (ROS), from Saturday, 26 November 2022.
Further information on the scheme is contained in the TBESS guidelines.
