Ireland Active welcomes the reforms to the Temporary Business Energy Support Scheme (TBESS) announced today as the previous eligibility criteria and support levels were too restrictive.
The Temporary Business Energy Support Scheme will be extended, to the 31st of May 2023, and enhanced, including by reducing the threshold for qualification from a 50% increase in electricity or gas costs to 30% increase (to apply retrospectively from 1 September last year), and by increasing from the 1st of March the level of relief from 40% to 50% of eligible costs, subject to a monthly limit, which will also be increased from March to €15,000 per month per trade or profession, subject to an overall cap of €45,000 where the business is carried on from more than one location.
For full details available here: https://www.revenue.ie/en/starting-a-business/tbess/index.aspx
