Thursday October 29, 2020

Budget lifelines for hard-hit SMEs

With hope for better times, budget measures for supporting smaller businesses are broad, but are they enough?

17th October, 2020
For many SMEs, the weekly payment under the scheme is likely to be far lower than €5,000

We live in an era of great uncertainty and increasing risk. The opening of Minister for Finance Paschal Donohoe’s speech spoke to the reality faced by many of our SMEs, the backbone of our domestic economy. Budget 2021 presented many measures to aid the survival of the SME sector and signposted that more measures are on the way to help those businesses survive and return to growth.

Minister Donohoe has thrown a liquidity lifeline...

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