Revenue has published guidance on this scheme announced in the budget. Here is a 2 minute summary – of what you need to know. Firstly here are the highlights.
Great news this is here and possibly in time for Christmas payouts.
Some basic rules on who can register.
Good coverage, looks like most businesses and charities in Ireland will qualify.
You need to have back-up to support your claim.
Sounds simple in theory, however we await the ROS portal with some trepidation.
Again it sounds straightforward but prepare to get intimate with your ESB bills like never before
Let’s hope that the amount you can claim actually makes sense with all the administration that may be required.
We would welcome the scheme and the fact that it might relieve costs in 2022. The climate toolkit is worth further examination. However we await the ROS system and more instructions. For businesses with significant energy costs it will definitely make sense but not too sure about the cost / benefit for smaller businesses.
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