budget 2024

Business supports: 130,000 firms to get once-off payment as part of €250m scheme

Any Irish business that has paid less than €20,000 in rates will receive a grant up to 50 per cent of the amount paid

Simon Coveney: ‘This will also go some way to helping businesses meet the increase in the minimum wage’. Picture: RollingNews.ie

More than 130,000 small and medium sized Irish businesses will receive a once-off grant under a new ‘Increased Cost of Business’ scheme being rolled out by the government at a cost of €250 million as part of Budget 2024.

Under the terms of the new scheme, any Irish business that has paid less than €20,000 in commercial rates will receive a once-off grant with a value of up to 50 per cent of the amount ...